Tether works on real-time reserve report system: Bloomberg

Holdings, the issuer of the world’s largest stablecoin by market capitalization, Tether (USDT), is reportedly engaged on prompt updates of its reserve information studies.

Paolo Ardoino, Tether’s chief technical officer and likewise upcoming CEO, disclosed that the agency plans to start out publishing reserve information in actual time in 2024, Bloomberg reported on Oct. 20. Quickly after the article was revealed, Tether mentioned that it had no “hard-and-fast deadline by which to attain this purpose,” in keeping with the up to date article.

Proceed Studying on Cointelegraph