Tether mints an additional $3 billion in USDt stablecoins
According to stablecoin firm Tether, over $134 billion USDt tokens are circulating across various blockchain protocols as of November 2024.
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According to stablecoin firm Tether, over $134 billion USDt tokens are circulating across various blockchain protocols as of November 2024.
The report comes five days after Cantor Fitzgerald’s CEO Howard Lutnick was appointed as President-Elect Donald Trump’s Secretary of Commerce.
The role would be the first-ever crypto-specific White House role and may report directly to Trump, Bloomberg reported.
The future commerce secretary is a billionaire whose Wall Street firm has ties to Tether.
Lutnick has become increasingly visible to the crypto community due to his relationship with Tether and his appearance at Bitcoin 2024.
Cantor Fitzgerald CEO Howard Lutnick advocates for Bitcoin to be classified as a commodity, citing its similarities to gold and oil.
Cantor Fitzgerald has been managing Tether’s now $90 billion Treasury portfolio since late 2021. Howard Lutnick, the CEO of Wall Street firm Cantor Fitzgerald has […]
