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Incoming Tether CEO Paolo Ardoino promises real-time reserve transparency beginning 2024

Paolo Ardoino, Tether’s incoming CEO, said the stablecoin issuer plans to publish real-time attestation of its reserve starting next year, Bloomberg reported on Oct. 20. Tether, due to its significant role in the cryptocurrency industry, has faced increasing pressure to enhance transparency regarding the reserves backing its USDT stablecoin, a digital asset pegged to the […] The post Incoming Tether CEO Paolo Ardoino promises real-time reserve transparency beginning 2024 appeared first on CryptoSlate.

2023-10-21 17:45