🚀 Big moves in the crypto world! Cantor Fitzgerald's Howard Lutnick is in talks with Tether's Giancarlo Devasini about a major lending initiative. Clients could soon borrow billions using Bitcoin as collateral.
- The project starts with $2 billion, potentially expanding to tens of billions.
- Tether, the issuer of the USDT stablecoin, deepens ties with Cantor, which holds a 5% stake in Tether.
- Tether faces scrutiny over alleged misuse, but denies wrongdoing.
What do you think about using Bitcoin as collateral? Share your thoughts in the comments! 💬