Tether has invested in Crystal Intelligence, a blockchain analytics firm, to combat illicit stablecoin use.
Crystal Intelligence provides risk monitoring, fraud detection, and regulatory intelligence solutions to strengthen investigative tools used by enforcement agencies.
Tether's investment in Crystal Intelligence aims to enhance tracking of funds, freeze unlawful funds, and support investigations across jurisdictions.
Both Tether and Crystal Intelligence have supported the development of a platform called Scam Alert to detect scams and abuses in real time.