According to Bijie.com, after Trump returned to the White House, the total value of Tether surged by nearly 6% since November 6, reaching more than $127 billion. USDC also grew by about 4%, approaching $37 billion. Bitcoin rose nearly 30% to nearly $90,000 after Trump won the election, pushing the total crypto market value to more than $3.1 trillion. Meme coins are also showing significant growth. Tether’s growth is tied to the rise of its backer, Cantor Fitzgerald CEO Howard Lutnick. Lutnick is a major Trump fundraiser and a possible candidate to be the new Treasury secretary. However, the Treasury Department is conducting a criminal investigation into Tether, which could lead to a conflict of interest.