Tether partners with Chainalysis

Following this announcement, Hadron by Tether platform users will have the possibility to access risk detection and real-time transaction monitoring. This process will optimise the manner in which they become compliant with the regulatory requirements of the industry. 

In addition, the move comes amid the company’s strategy to expand oversight across the crypto industry, while also focusing on meeting the needs, preferences, and demands of clients and users in an ever-evolving market. 

More information on the Tether x Chainalysis partnership

The Hadron by Tether was developed in order to provide institutions, corporations, governments, and entities interested in tokenising real-world assets with the possibility to benefit from optimised products, trading from financial instruments and real estate to debt and commodities. 

Chainalysis represents a blockchain data platform that provides customers with security tools and real-time monitoring solutions. By integrating Chainalysis directly into the platform, Tether will offer institutional-grade transparency, compliance, and risk mitigation without compromising on control and decentralisation. 

According to the officials of the company, Hadron by Tether users will also have the capability to benefit from risk detection, real-time transaction monitoring, and Know-Your-Transaction (KYT) support. At the same time, the terms of the deal were not disclosed. 

The news follows Chainalysis’ acquisition of Alterya, an AI-powered fraud detection solution, aimed to double down on its strategy to invest in the prevention of illicit transactions. Following this announcement, the company focused on providing real-time proactive fraud protection for payments, as well as improved fraud detection during KYC exchanges, blockchains, and wallet providers.