Tether has announced a strategic investment in Crystal Intelligence, expanding their collaboration on blockchain forensics and real-time risk monitoring. The two previously worked together on the “Scam Alert” initiative, and this investment signals a closer alignment as Tether steps up its efforts to combat illicit stablecoin activity.
Earlier this year, Tether also integrated Chainalysis tools into its Hadron platform and backed their ecosystem to support compliant tokenization. While Chainalysis remains a major player in the compliance space, Tether’s growing relationship with Crystal suggests an interest in more tailored solutions. The move comes as Tether finds itself at the center of unwanted attention, with USDT reportedly being heavily used by sanctioned entities like Russia’s Garantex and Iran’s Nobitex exchange.