Tether has made a strategic investment in Crystal Intelligence, a blockchain analytics company, to enhance transparency and combat illicit use of stablecoins.
Over $2.7 billion in criminal USDT funds have been temporarily restricted through Tether's efforts to prevent illegal activities in the digital asset space.
The partnership aims to aid worldwide enforcement and real-time tracking of crypto, enhancing fraud detection infrastructure and regulatory tools.
Tether's investment in Crystal Intelligence strengthens its compliance initiatives, reinforcing security infrastructure and ensuring regulatory clarity in tokenized assets.