Glossary
KYT (Know your transaction)
Know your transaction usually refers to analysing crypto-asset transactions: tracing the history of the addresses involved to see exposure to sanctioned entities, mixers, darknet markets or scams. More broadly it means understanding each transaction against the customer's profile.
Why it matters for brokers and payment firms
Brokers and payment firms that accept stablecoin deposits need to know where the coins came from before crediting them. Wallet exposure checks belong in the same case file as the fiat evidence.