TRON, Tether, and TRM Labs have launched the T3 Financial Crime Unit to collaborate on combating illicit activity related to USDT on the TRON blockchain.

Blockchain network TRON, stablecoin issuer Tether, and a blockchain forensic firm TRM Labs have joined forces to form the T3 Financial Crime Unit, an alliance focused on curbing illicit activity tied to (USDT) on the TRON blockchain.

With the latest initiative, the T3 FCU aims to disrupt malicious activities by leveraging data, technology, and a deep collaboration with law enforcement. As of August, TRON hosts over 240 million user accounts and processes more than 8.4 billion transactions, per data from TRONScan.

However, the same features that make USDT on TRON appealing to legitimate users — low fees, stability, and ease of use — …