Tether, a notable stablecoin issuer, has teamed up with blockchain analysis company Chainalysis to work on a solution that will help in monitoring secondary market transactions involving USDT. This collaboration is expected to provide a better grasp of the USDT market, empowering compliance professionals and investigators to pinpoint risky wallets and transactions linked to illegal or sanctioned addresses. The decision to come together stems from reports of Tether's USDT being implicated in unlawful activities in regions such as East and Southeast Asia.
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