Tether kommer att publicera reservrapporter i realtid 2024: Rapport
- Tether will release reserve reports in real-time in 2024, confirmed Paolo Ardoino, the firm’s CTO.
- Ardoino bekräftade inte en hård och snabb deadline inom vilken hans företag planerar att uppnå detta mål.
- Det kommer att fokusera på att öka tekniska investeringar, prata med tillsynsmyndigheter och expandera till förnybar energi.
- Ardoino, who turns 39 on Sunday, has also been named as the firm’s incoming CEO.
According to a report, Tether, the issuer of the largest stablecoin by market capitalization, USDT, will publish reserve reports in real time starting in 2024 and will also upgrade the frequency of releasing these reports. This decision comes at a time when the wider digital asset sector has questioned the firm’s stablecoin’s stability following the depegging of other leading stablecoins.
Den nuvarande tekniska chefen och tillträdande VD:n för Tether, Paolo Ardoino, avslöjade att företaget kommer att publicera realtidsdata 2024 medan de pratar med Bloomberg. A Rapportera avslöjade den 20 oktober att företaget avser att konkurrera med påståendena om bristande transparens inom en snar framtid.
It is important to note here that not much is known about Tether, and its CEO and CFO have been absent from media attention. However, during uncertain times, Ardoino came out in front of the media, addressing concerns and revealing important announcements. When asked why he was chosen to lead the company, he said, “We pulled from sticks, and I had the shortest one,” while adding:
“Our CEO and our CFO are among the smartest people you could ever meet. But also, they are not public people.”
Additionally, Tether’s USDT has increased in circulation in the past year, while other stablecoins like BUSD have suffered. USDT currently accounts for 70% of all the stablecoins in circulation, and its dominance has attracted scrutiny from regulators in the United States. In 2021, the firm paid $40 million to settle a lawsuit filed by a US watchdog that claimed that the firm lied about its reserves.
While Ardoino confirmed that Tether will release real-time reserve reports in 2024, he did not reveal a hard-and-fast deadline by which his firm plans to achieve this goal. Other goals that are on Ardoino’s mind include increasing tech investment, talking to regulators, and expanding into renewable energy.
Som tidigare rapporterats av Bitnation avslöjade Tether i maj att de planerar att rutinmässigt ägna upp till 15% av sina nettorealiserade rörelseintäkter till köpa bitcoin för sina stablecoin-reserver, som den kommer att förvara direkt.