Tether Holdings Limited, the issuer of the largest stablecoin by market cap, USDT, recently announced integrating Notabene to manage regulatory and counterparty risk in crypto transactions.
Tether to Crack Down on Illegal Transfers
As per an announcement on Tuesday, Tether will be testing the Notabene platform to comply with the Crypto Travel Rule —a mandate established on June 20, 2021, by the Financial Action Task Force (FATF).
Notabene’s end-to-end solution will allow Tether to crack down on illegal transfer by transmitting user data for large cryptocurrency transfers to VASPs.
In order to assist cryptocurrency exchanges, digital wallet providers, and financial institutions with the new FATF Travel Rule requirement, #Tether will begin testing the NotabeneRead More »