**News Flash: Tether's $5 Billion Minting Spree Raises Eyebrows**
Tether, a leading stablecoin issuer, recently injected over $5 billion into the market within 72 hours, catching the attention of both crypto enthusiasts and financial experts. This move coincided with Bitcoin's surge past $80,000, highlighting Tether's role in market liquidity.
Howard Lutnick, CEO of Cantor Fitzgerald, has been a vocal supporter of Tether's financial stability, despite ongoing investigations into potential illicit activities. Cantor Fitzgerald has become a key banking partner for Tether as global banks distance themselves.
Lutnick's involvement has sparked debate, with some praising Tether's alignment with traditional finance, while others call for greater transparency.