Chainalysis is rolling out a global compliance solution for Tether (USDT), a Feb. 12 press release announced. The stablecoin’s issuer is now able to identify “high risk” transactions occurring on its network.
The tracking is made possible by Chainalysis’ Know Your Transaction (KYT) suite, which allows token issuers to monitor the activity of their assets. The real-time Anti-Money Laundering (AML) solution assists compliance efforts by tracking the entire chain of a token’s life, from issuance to redemption.
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