Tether adds Chainalysis crypto platform for compliance and monitoring
Users of the Hadron by Tether platform will now have access to real-time risk detection and transaction monitoring features, helping them comply with regulatory authorities.
Tether, the issuer of the world's largest stablecoin by market capitalization USDt, has announced a partnership with Chainalysis, which will integrate the company's monitoring and compliance tools into Tether's crypto platform. This move comes amid expanding oversight across the cryptocurrency industry.
Launched in November 2024, the Hadron by Tether platform is designed for organizations, corporations, and governments—entities that may be interested in tokenizing real-world assets, from financial instruments and real estate to debt and commodities.
The months following the launch have seen an increase in the adoption of real-world asset (RWA) tokenization. According to RWA.xyz, the total RWA market has reached $22.1 billion, a 10.5% increase over the past 30 days. There are a total of 100,115 RWA token holders, an increase of 5.6% in the same timeframe.
Tether's CEO, Paolo Ardoino, stated in a press release: "By integrating Chainalysis directly into the platform, we provide transparency, compliance, and risk mitigation at an organizational level without compromising decentralization or control."
According to the announcement, Tether's Hadron users will now have the ability to detect risks, monitor transactions in real-time, and support Know-Your-Transaction (KYT). The terms of the agreement were not disclosed. #Tether