Stablecoin issuer Tether has announced plans to release real-time reserves reports by next year, according to its incoming CEO Paolo Ardoino. Tether, which already provides daily reserves reports on its website, currently holds $84.15 billion in USDT, making it the largest stablecoin on the market. Ardoino also outlined his goals for Tether in the coming year, including increasing tech investments, engaging with regulators, and expanding into renewable energy. Tether’s USDT token has significantly higher trading volume than any other cryptocurrency, including Bitcoin. Recently, blockchain analytics platform Santiment reported a surge in Tether returning to crypto exchanges, which is seen as a positive sign for the market. The amount of USDT on exchanges has reached its highest level since March 2023, providing increased buying power for crypto investors.

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Information	Details
Geography	Global
Countries
Sentiment	neutral
Relevance Score	1
People	Paolo Ardoino
Companies	Tether, Bloomberg, Santiment
Currencies	Tether
Securities	None