**$2 Billion Bitcoin Project: Cantor Fitzgerald and Tether Collaborate! 🚀**

- Howard Lutnick, Donald Trump's nominee for US Secretary of Commerce, is planning to launch a $2 billion Bitcoin lending project. Wow, who would have thought Bitcoin could be used as collateral for debt?

- Cantor Fitzgerald, Lutnick's financial services firm, already has a sweet relationship with Tether. They hold US Treasuries as USDT reserves.

- Lutnick will hand over this relationship to his colleagues when he enters the administration. His son, Brandon, who interned at Tether, is ready to take over.

- Cantor also bought 5% of Tether shares worth $600 million. Is this a smart move or just nostalgia for the past with low interest rates?

- Tether is increasingly successful with USDT supply increasing 10% since November. Is this a good sign for the crypto market? Comment below!