A 2023 report from TRM Labs showed that the Tron blockchain was home to nearly 45% of all illicit crypto volume, prompting the collaboration with Tether and TRM Labs.
TRON originated with the belief that technology can be used for good and to empower people... By collaborating with TRM Labs and Tether, TRON is helping to ensure that blockchain technology is used to make our world a better place.
The T3 FCU said it has already frozen $12 million in USDT tied to blackmail scams and investment fraud, showcasing proactive measures against financial crime.
As adoption of stablecoins continues to rise, it's critical that key industry players proactively evolve their capabilities to combat illicit activity and ensure a safe and secure environment.
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