TL;DR

• Stablecoins are critical to crypto markets, but come with distinct security risks depending on how they are issued and managed.
• Centralized stablecoins carry custodial and regulatory risks, whereas decentralized stablecoins can face smart contract and oracle vulnerabilities.
• Hackers exploit stablecoins through phishing, contract exploits, rug pulls, and fake tokens — often with significant market consequences.
• Chainalysis Hexagate helps users and platforms detect and respond to suspicious activity involving stablecoins in real time.

...read more at chainalysis.com