Tether Stablecoin Taps Chainalysis for Anti-Money Laundering Compliance Tools

Stablecoin issuer Tether is partnering with blockchain forensics firm Chainalysis to bolster its anti-money laundering tools. The companies announced Wednesday Tether would apply Chainalysis’ “Know Your Transaction” tool for token issuers, allowing the stablecoin firm to monitor activity and “quickly…