Tether challenges the UN's allegations of its USDT stablecoin being used for illicit activities. On January 16, Tether emphasized blockchain's role in crime prevention, citing its collaboration with agencies like the DOJ and FBI. The company's transparent blockchain network has enabled the blocking of over $300 million in suspicious transactions. Tether advocates for a unified effort with the UN to harness blockchain technology for reducing digital asset crimes, showcasing the crypto industry's commitment to combating financial wrongdoing.
