Stablecoins Are Useful to U.S. Financial system, Cantor Fitzgerald CEO Howard Lutnick Says

Stablecoins Are Useful to U.S. Financial system, Cantor Fitzgerald CEO Howard Lutnick Says

by Jeremy

Cantor Fitzgerald is a custodian for Tether Holdings, the issuer of the world’s largest stablecoin, tether (USDT). As of writing, USDT boasted a market cap of $107 billion, whereas second-ranked Circle’s USDC had a market worth of $32.25 billion, in accordance with CoinGecko.

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