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Tether's Paolo Ardoino Reveals Plans for Real-Time Reserve Data Reporting – Will Transparency Lead to a New Bull Market?
Tether's Paolo Ardoino Reveals Plans for Real-Time Reserve Data Reporting – Will Transparency Lead to a New Bull Market? Tether Holdings, the issuer of the world's largest stablecoin Tether (USDT), has announced plans to provide real-time updates of its reserve data. Paolo Ardoino, Tether's chief technical officer and upcoming CEO, revealed that the company intends to start publishing reserve data in real time by 2024, according to a recent report by Bloomberg. However, Tether later clarified that there is no set deadline for achieving this goal. Currently, Tether publishes and updates its reserves data at least once per day, as stated on its transparency page. The company also releases monthly reserve reports…