Tether Invests in Blockchain Analytics Firm Crystal Intelligence to Tackle Stablecoin Misuse
2025-07-08 18:20:45
Main Idea
Tether has invested in blockchain analytics firm Crystal Intelligence to enhance transaction monitoring and combat illicit activities, while also announcing plans for a decentralized AI platform.
Key Points
1. Tether, the issuer of USDT, invested in Crystal Intelligence, a blockchain analytics firm, to improve transaction monitoring and fraud detection.
2. The two firms previously collaborated on Scam Alert, a platform that flags fraudulent wallet addresses.
3. Tether aims to address regulatory concerns about USDT's potential misuse in illicit finance by leveraging Crystal's analytics tools.
4. Tether announced Tether AI, a decentralized, open-source AI platform that will support payments in USDT and Bitcoin and operate without centralized servers.
5. Tether's in-house AI models are already being used for tools like translation services.
Description
Tether, the issuer of the world’s largest stablecoin USDT, has made a new investment in Crystal Intelligence, a blockchain analytics firm. In a blog post, Tether shares its growing focus on improving transparency and combating illicit use of stablecoins across blockchain networks. Tether Announces Strategic Investment in Crystal Intelligence, Strengthening Blockchain Forensics and Efforts to Combat Illicit Stablecoin Activity https://t.co/u0BB2cITrq — Tether (@Tether_to) July 8, 2025 Crystal Int...
Latest News
- Shiba Inu Price Prediction: SHIB Launches Counter-Offensive Against Solana Rivals – New Meme Coin Trend Starting?2025-07-09 00:38:38
- Russian Embassy Demands US State Dept. Provide Updates on WEX CEO Dmitry Vasiliev2025-07-08 23:37:48
- Dogecoin Price Prediction: Millionaire Scottie Pippen Eyes DOGE in His Top Picks – Is This the Catalyst Meme Traders Needed?2025-07-08 21:32:41
- “You Never Owned the Shares”: Linqto Bankruptcy Exposes Pre-IPO Illusion2025-07-08 21:03:03
- Tether Invests in Blockchain Analytics Firm Crystal Intelligence to Tackle Stablecoin Misuse2025-07-08 18:20:45