According to TechFlow, on November 20, according to CoinGecko data, the market value of stablecoin USDT exceeded 129 billion US dollars today, setting a new record. Since Trump won the US presidential election (November 6), USDT has issued about 9 billion more.
Earlier news, Trump plans to nominate Cantor Fitzgerald CEO Howard Lutnick as Secretary of Commerce. Cantor Fitzgerald has been Tether's custodian bank since 2021 and manages more than half of Tether's reserves.
