September 27, 2022

The head of Ripple spoke about the importance of transparency in the crypto industry

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Ripple CEO Brad Garlinghouse talked about the importance of digital currency regulation and financial market turbulence in a recent interview with Fox Business. The developer of a technological product noted the importance of transparency for the entire crypto industry. First of all, this concerns stablecoins and their collateral.

According to the entrepreneur, the management of Tether (USDT) should make every effort to gain the trust of users. To do this, the issuer’s reserves must be audited and confirmed. The businessman emphasized that his company and the XRP community tried from the very beginning to set an example of honesty and openness, understanding the importance of these aspects in the cryptocurrency world.

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