Tether works on real-time reserve report system: Bloomberg By Cointelegraph

Holdings, the issuer of the world’s largest stablecoin by market capitalization, Tether (USDT), is reportedly working on instant updates of its reserve data reports.

Paolo Ardoino, Tether’s chief technical officer and also upcoming CEO, disclosed that the firm plans to start publishing reserve data in real time in 2024, Bloomberg reported on Oct. 20. Soon after the article was published, Tether said that it had no “hard-and-fast deadline by which to achieve this goal,” according to the updated article.