Stablecoins Transform Finance as AI-Powered Attacks and Child Data Risks Surface - September 2025

Stablecoins such as USDT and USDC are revolutionizing cross-border finance by offering fast, affordable remittances and trade settlements for African businesses, circumventing traditional banking systems. In another area of digital technology, a cyber threat group named RevengeHotels is utilizing artificial intelligence (AI) in sophisticated phishing attacks targeting hotel guests' payment information. This group has upgraded its methods, making their attacks more dangerous. Separately, a Canadian investigation has found TikTok's efforts to protect children's data and prevent underage use to be inadequate, noting that sensitive personal information from hundreds of thousands of children is used for targeted marketing.