{"id":24136,"date":"2023-10-23T00:20:55","date_gmt":"2023-10-23T00:20:55","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/next-year-could-see-tether-release-real-time-reserves-data-ceo-says\/"},"modified":"2023-10-23T00:20:55","modified_gmt":"2023-10-23T00:20:55","slug":"next-year-could-see-tether-release-real-time-reserves-data-ceo-says","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/next-year-could-see-tether-release-real-time-reserves-data-ceo-says\/","title":{"rendered":"Next Year Could See Tether Release Real-time Reserves Data, CEO Says"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>Tether is committing towards enhanced transparency. Paolo Ardoino, the stablecoin issuer\u2019s future CEO as of December, <a href=\"https:\/\/www.bnnbloomberg.ca\/tether-s-frontman-inherits-crypto-s-84-billion-behemoth-1.1987226#\">shared<\/a> with Bloomberg the company\u2019s intention to unveil real-time proof-of-reserves in the upcoming year. However, Tether remains open-ended about the exact timeframe for this rollout.<\/p>\n<p>While Tether already displays daily reserve data on its website, the most recent stats spotlight an impressive $84.15 billion in USDT. Notably, this US dollar-backed crypto asset ranks as the top stablecoin in the crypto domain.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong><strong>Get 125% \/ $2,500 on 1st deposit!<\/strong><\/strong> <\/p>\n<p>New players only. Exclusive Welcome Bonus of up to $2,500<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>USDT stands out with trading volume surpassing all other cryptocurrencies, including the prominent Bitcoin (<a href=\"https:\/\/igaming.org\/cryptocurrencies\/section\/what-is-a-bitcoin\/\">BTC<\/a>). The rising influence of Tether in the market hasn\u2019t gone unnoticed. Santiment, a renowned blockchain analytics platform, highlighted a significant surge of Tether moving back to crypto exchanges. This shift is frequently interpreted as a positive market indicator. As per Santiment\u2019s analysis, the current $9.99 billion USDT in exchanges marks the most substantial \u201cbuying power\u201d peak for the leading stablecoin in about seven months, recording a 40% spike since June 13th.<\/p>\n<p>Apart from focusing on reserve transparency, Ardoino is steering Tether towards broader horizons. He envisions bolstering technological advancements, initiating dialogues with regulators, and delving into the realm of renewable energy.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/tether-plans-real-time-reserves-data-reveal-for-next-year\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) Tether is committing towards enhanced transparency. Paolo Ardoino, the stablecoin issuer\u2019s future CEO as of December, shared with Bloomberg the company\u2019s intention to unveil real-time proof-of-reserves in the upcoming year. However, Tether remains open-ended about the exact timeframe for this rollout. While Tether already displays daily [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":24137,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/24136"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=24136"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/24136\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/24137"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=24136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=24136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=24136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}