USDT issuer Tether invests in blockchain analytics firm Crystal Intelligence

3 hours ago 1
3d render of computer keyboard with Tether button

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Tether, the issuer of dollar-pegged stablecoin USDT (USDT-USD), has made an investment in blockchain analytics company Crystal Intelligence to advance its efforts in combating illicit stablecoin activity, it said on Tuesday.

The investment provides Tether with Crystal's risk monitoring, fraud detection

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