Cantor Fitzgerald CEO Howard Lutnick backs Tether; asserts it possesses the financial backing it claims
During a recent interview with Bloomberg TV, Howard Lutnick, CEO of Cantor Fitzgerald, a renowned bond trading house and primary dealer for U.S. Treasurys, expressed confidence in the legitimacy of Tether, the issuer of the USDT stablecoin. Lutnick, whose company manages a significant portion of Tether’s U.S. Treasury securities, asserted that Tether possesses the financial…