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Chainalysis says 'top-tier' gray market peptide vendors turn to bitcoin and stablecoins
“To scale, the gray-market peptide trade adopted cryptocurrency as its backbone,” Chainalysis said in a report.
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chainalysis.com
Inside the $100M Gray Market Peptide Crypto Boom - Chainalysis
The gray market peptide trade is now a $100M+ on-chain economy. Chainalysis traced the cartel chemists pivoting to looksmaxxing buyers.
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fortune.com
I bought peptides with crypto. How my purchase helped fuel a $100 million gray-market, ‘looksmaxxing’ economy | Fortune
Some of the China-based sellers have pivoted from fentanyl to peptides.
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theblock.co
Chainalysis says 'top-tier' gray market peptide vendors turn to bitcoin and stablecoins
“To scale, the gray-market peptide trade adopted cryptocurrency as its backbone,” Chainalysis said in a report.
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decrypt.co
'Looksmaxxing' Trend Spawns $100M Gray Market Fueled By Bitcoin, Stablecoins: Chainalysis - Decrypt
Demand for peptides fueled by the "looksmaxxing" trend has spawned a $100 million gray market paid for primarily with crypto.
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cryptobriefing.com
Chainalysis reports surge in gray market peptide trade using bitcoin and stablecoins
Chainalysis finds gray market peptide vendor crypto inflows surged 159% to $32 million in Q1 2026, with stablecoins overtaking Bitcoin for larger