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Tether: The United Nations completely ignores the role of USDT in helping emerging market developing economies

Tether: The United Nations completely ignores the role of USDT in helping emerging market developing economies

CointimeCointime2024/01/16 10:04
By:Cointime

The United Nations Office on Drugs and Crime (UNODC) Southeast Asia and Pacific Department released a report specifically discussing the use of cryptocurrencies in illegal activities and underground banks. Tether questioned the United Nations' research on January 15th, emphasizing that the agency's analysis "ignored the traceability of USDT" and ignored its reliable records of cooperation with global law enforcement agencies.Tether stated: "The United Nations should also discuss how centralized stablecoins can improve anti-financial crime work. The United Nations' assessment singled out USDT, emphasizing its involvement in illegal activities, while ignoring its role in helping emerging market economies develop, which are completely ignored by the global financial community because providing services to these communities is not profitable for them."

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