Cantor Fitzgerald, led by Howard Lutnick, is preparing to launch a $2 billion Bitcoin loan project, using Bitcoin as collateral. It is expected that the scale of the project could expand to tens of billions of dollars. Lutnick, who has been nominated as the U.S. Secretary of Commerce, is also transferring the relationship with Tether to a colleague.
- Cantor has purchased a 5% stake in Tether for $600 million, benefiting both parties: Cantor has a stake in a high-profit company, while Tether receives legal protection.
- Tether's USDT supply has increased by more than 10% since the beginning of November, reaching $132.8 billion, accounting for 68.5% of the stablecoin market share. 🚀
- The total market capitalization of stablecoins has reached a record $194 billion, representing 5.5% of the entire crypto market.