Wall Street Giant Partners with Tether for Bitcoin $BTC Lending
Cantor Fitzgerald, a major Wall Street firm, is launching a multibillion-dollar lending program using Bitcoin as collateral.
This collaboration with Tether Holdings, issuer of the USDT stablecoin, could reshape crypto-backed financing.
Cantor Fitzgerald is initially funding the program with $2 billion, with plans to expand it significantly. The firm also owns a 5% stake in Tether.
This move signals growing institutional interest in Bitcoin $BTC , potentially driving up demand and its price.
Bitcoin’s future looks promising as this partnership could bring more traditional finance into the crypto world.
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