Howard Lutnick: Tether’s Big Backer
The CEO of prominent bond broker Cantor Fitzgerald played a major role in validating Tether this year by vouching for its reserves.
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Cantor Fitzgerald
The CEO of prominent bond broker Cantor Fitzgerald played a major role in validating Tether this year by vouching for its reserves.
President-elect Donald Trump has nominated Wall Street titan Scott Bessent as Treasury Secretary.
President-elect Donald Trump has nominated Cantor Fitzgerald CEO Howard Lutnick as Treasury Secretary.
Stablecoins boost demand for U.S. Treasury notes, Howard Lutnick, the CEO of Tether custodian Cantor Fitzgerald, said.
Speaking at Davos, the Cantor Fitzgerald CEO says the stablecoin issuer has the money to back USDT. Maybe it’s time we all started to believe in Tether, despite the “truthers”?
Cantor Fitzgerald is one of the custodians for Tether’s $90 billion worth of treasuries.