he company behind the largest stable coin USDT, Tether has just announced two major partnerships with the goal to combat and limit illicit and unlawful activities and increase crypto education so users can protect themselves further.
Crime-Fighting Alliance
Whether has announced that it will partner with TRON an TRM Labs in order to form the T3 financial crime Unit which will monitor transactions using USDT on the TRON blockchain and make sure no misuse. This comes after multiple warnings from global authorities regarding the unlawful use of USDT transactions.
Leaders Back Blockchain's Potential
Justin Sun, the founder of the TRON blockchain, is very optimistic regarding the partnership with Tether as he believes it will show the positive side of blockchain technology and improve security and trust amongst users and regulators.
Educational Initiative
Tether is also focused on education and is partnering with Valora and Stabila Foundation in order to launch a campaign and provide educational content regarding stable coins and blockchain technology. The program will cover a variety of topics but will focus on payments, savings, how to utilize the earning reward service and many more. The target is currently focused on countries such as Nigeria, South Africa, Vietnam and Brazil, with plans to expand to further countries.
Tether's Dual Strategy for Growth
These partnerships illustrate the ways in which Tether has attempted to deal with and foster development in the crypto sphere. Through the eradication of crime and creating awareness among the users, Tether intends to foster trust and adoption of stablecoins across the world.
