The Tron network has announced the creation of a new Financial Crimes Unit, “T3”, in partnership with Tether and TRM Labs. The unit will monitor and combat illicit activities related to the use of the stablecoin USDT on its blockchain. The move comes amid growing concerns about the misuse of cryptocurrencies, particularly in the context of the increasing use of stablecoins. In August 2024, the total value of stablecoins on the Tron network reached $60 billion, with USDT accounting for $58.5 billion. The T3 unit will be responsible for monitoring suspicious transactions and preventing financial crimes within the Tron network, particularly those related to USDT.
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