Tether, TRON, and TRM Labs have formed an alliance to monitor USDT user transactions. This will strengthen control over USDT flows. Who will this affect? How will it affect the investment attractiveness of companies? And why is such an alliance needed?
The formation of the alliance should primarily affect attackers and criminal groups using USDT on the TRON blockchain for illegal activities. This will significantly complicate their operations and limit the possibilities for money laundering and other financial crimes.
This partnership should exert a positive effect on the investment attractiveness of Tether, TRON, and TRM Labs. It demonstrates their commitment to fighting crime and the aspiration to make the cryptocurrency industry safer and more reliable. This, in turn, could increase the confidence of investors and regulators in these companies.
Such an alliance is needed to combine the efforts and resources of the three companies in combating financial crimes. Tether provides its external investigation team, TRON - technical expertise in the field of blockchain, and TRM Labs - experience and technology to identify suspicious transactions. Together, they will be able to more effectively fight the illegal use of USDT than they could individually.
In addition, the creation of the alliance signals the willingness of major crypto market players to cooperate with government agencies to improve industry security. This is a key step towards a more transparent and regulated digital asset market.