Tether, the issuer of the USDT stablecoin, has introduced real-time updates of its reserves to provide greater transparency for users and regulators.
The move comes after years of scrutiny regarding the backing of Tether’s reserves, which underpin the value of its stablecoin.
Tether will now offer daily attestations of its reserve holdings, ensuring that users can verify that each USDT in circulation is fully backed by equivalent assets.
This initiative is part of Tether’s broader effort to improve transparency and trust in the stablecoin market, where concerns about liquidity and solvency have plagued several issuers. By offering real-time reserve data, Tether aims to set a new standard for stablecoin accountability.
