Stablecoins Are Beneficial to U.S. Economy, Tether’s Custodian Says
Stablecoins boost demand for U.S. Treasury notes, Howard Lutnick, the CEO of Tether custodian Cantor Fitzgerald, said.
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Cantor Fitzgerald
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.