Report: US Crypto Startup Seeks to Launch an Interest-Bearing Stablecoin
Submitted by Anonymous (not verified) on Wed, 01/24/2024 - 15:10

The stablecoin issuer announced in May 2023 that it would start buying bitcoin in an effort to diversify the backing of its USDT stablecoin.
Speaking at Davos, the Cantor Fitzgerald CEO says the stablecoin issuer has the money to back USDT.


Cantor Fitzgerald CEO Howard Lutnick vouched for stablecoin issuer Tether’s legitimacy on Tuesday, addressing what has been one of the big question

Tether, the issuer of the largest stablecoin by market cap, has challenged the United Nations (UN) for its report on underground banking and money
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