Golden Finance reported that according to DL News, with Trump's victory, crypto users have flocked to the stablecoin Tether. DefiLlama data shows that since the end of the US election on November 6, Tether's total market value has risen by nearly 6%, exceeding $127 billion. Tether's rise has brought Howard Lutnick, CEO of New York financial services company Cantor Fitzgerald, to the surface. Cantor Fitzgerald manages US Treasury bonds for Tether, and Howard Lutnick has repeatedly guaranteed the stablecoin giant, which has been under scrutiny for years for refusing to publish a full audit of its reserves. It is reported that Howard Lutnic is Trump's main fundraiser and co-chairman of Trump's transition team. Now that Trump is about to take office in January next year, Howard Lutnick has won an important seat in his cabinet. It is reported that he is one of Trump's nominees for Treasury Secretary. Polymarket predicts that the market believes that his probability of being nominated is 26%.