Cantor Fitzgerald CEO Expresses Admiration for Tether and Bitcoin

By: Eva Baxter

Howard Lutnick, the CEO of the renowned Wall Street firm Cantor Fitzgerald, has publicly endorsed stablecoin issuer Tether (USDT), referring to himself as a 'big fan'. In a recent interview, he expressed his enthusiasm for the stablecoin, stating, 'I'm a big fan of this stablecoin called Tether...I hold their treasuries.' Cantor Fitzgerald has been managing Tether's now $90 billion Treasury portfolio since the end of 2021. The rapidly growing treasury value only elevates Lutnick's admiration for Tether.

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