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Tron and Tether Form Alliance to Combat Illegal Use of USDT

Key players in the crypto world — TRON, Tether (issuer of the USDT stablecoin), and blockchain analytics firm TRM — have joined forces to create the T3 Financial Crime Unit (T3 FCU). The main goal of this strategic partnership is to prevent illegal activities involving USDT within the TRON ecosystem.

According to a report by TRM Labs, USDT leads stablecoins in illicit transactions, accounting for 1.63% of all transfers, with 41% of those occurring on the TRON blockchain. The T3 FCU initiative, launched in July, uses advanced analytics to detect suspicious activities and halt criminal actions.

TRM Labs monitors and analyzes data, flagging wallets involved in illegal activities. Tether and TRON teams then take action based on this information, ensuring the ecosystem’s safety and integrity.

This alliance highlights the importance of ensuring transparency and protecting blockchain platforms from misuse, contributing to a safer and more reliable crypto space.

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