Tether Plans Real-Time Reserve Data Reporting for Year 2024

Tether is planning to enhance reserve data reporting for 2024

Tether Holdings is the largest issuer of stablecoins by market capitalization globally and is gearing up to improve the frequency of its reserve data reporting. Tether's Chief Technology Officer, Paolo Ardoino, is set to become the CEO and has disclosed the company's intention to provide real-time reserve data by 2024. Currently, Tether releases and frequently updates its resource data on a daily basis at a minimum. Tether also issues a monthly report on its reserves in addition to its quarterly reserve assessments.