Lutnick's Cantor Mulls $2B Bitcoin Lending Project with Tether After $600M Investment

Howard Lutnick, Chairman and CEO of Cantor Fitzgerald and President-elect Donald Trump's pick for Commerce Secretary, is reportedly in discussions with Tether to launch a $2 billion project to lend US dollars to clients using Bitcoin as collateral, according to Bloomberg.

Nov 25, 2024 - 06:36
Lutnick's Cantor Mulls $2B Bitcoin Lending Project with Tether After $600M Investment
StablecoinHoward Lutnick, Chairman and CEO of Cantor Fitzgerald and President-elect Donald Trump's pick for Commerce Secretary, is reportedly in discussions with Tether to launch a $2 billion project to lend US dollars to clients using Bitcoin as collateral, according to Bloomberg.

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