Saturday, August 2, 2025

Tether Expands Collaboration with INHOPE to Combat Online Child Exploitation

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KEY TAKEAWAYS

  • Tether expands its collaboration with INHOPE to combat online child exploitation, enhancing efforts to prevent misuse of financial transactions.
  • As a leader in the digital assets industry, Tether demonstrates the potential of blockchain technology to bring transparency and accountability to financial systems.
  • The partnership highlights the importance of cross-sector collaboration in dismantling criminal networks and protecting children globally.
  • This initiative underscores the growing role of the fintech sector in child protection and the importance of collective action.

On July 23, 2025, Tether, a leading company in the digital assets industry, announced an expanded collaboration with INHOPE, a global network dedicated to combating online Child Sexual Abuse Material (CSAM). This enhanced partnership aims to intensify efforts to prevent the misuse of financial transactions in child exploitation online. The announcement was made here.

Since becoming INHOPE’s first cryptocurrency partner in 2023, Tether has played a crucial role in demonstrating how blockchain technology and digital assets can help protect financial systems from misuse. As the operator of the world’s most widely used stablecoin, Tether has set industry standards with its advanced monitoring systems and safety protocols. The company has been instrumental in fostering collaboration between exchanges, hotlines, and law enforcement agencies to identify and disrupt illicit transactions linked to CSAM.

Strengthening Global Efforts Against CSAM

Tether’s CEO, Paolo Ardoino, emphasized the potential of blockchain technology to bring transparency and accountability to financial transactions, making it a powerful tool in combating illicit activities. Ardoino stated, “Working alongside law enforcement, lawmakers, and standard-setting bodies worldwide, Tether is committed to being a positive force in the crypto space by highlighting the risks of child exploitation and helping to implement sensible risk-mitigating controls across the industry.”

Samantha Woolfe, Head of Global Partnerships and Network Expansion at INHOPE, expressed gratitude for Tether’s deepening commitment. She highlighted the importance of cross-sector collaboration in dismantling criminal networks and protecting children. Woolfe noted that the partnership continues to strengthen global efforts to detect, report, and remove CSAM, ensuring a safer digital world for all.

The Role of Fintech in Child Protection

This collaboration underscores the increasing role of the fintech sector in child protection and the importance of collective action. Through its alliance with INHOPE, Tether continues to advance industry-wide safeguards against the exploitation of financial platforms. By deepening their commitment, INHOPE and Tether take another step toward a safer digital environment, demonstrating how financial institutions can play a crucial role in the fight against online child exploitation.

Tether has announced an expanded collaboration with INHOPE to combat online child exploitation, focusing on preventing the misuse of financial transactions in such activities.

Recent industry reports indicate that blockchain technology is increasingly used for secure identity management and fraud detection, which can indirectly help combat online exploitation. This aligns with Tether’s efforts to leverage blockchain transparency for safeguarding financial systems against misuse.

As per insights from Paolo Ardoino, CEO of Tether, blockchain’s transparency and Tether’s proactive measures are vital in fighting criminal networks and protecting users. This supports Tether’s expanded collaboration with INHOPE to enhance global efforts against online child exploitation.


Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
Sharif
Sharif
Sharif is a seasoned software engineer with a decade of experience in the tech industry, including 8 years in cryptocurrency and blockchain. With deep knowledge of decentralized technologies, Sharif offers insightful analysis and expert commentary on the transformative potential of blockchain. Through CoinsHolder.com, he shares his expertise, making him a respected voice in the cryptocurrency community.

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