Tether has raised curiosity and concern in financial circles by issuing $5 billion worth of stablecoins in the last 72 hours. Cantor Fitzgerald CEO Howard Lutnick has defended Tether’s financial stability, while Trump’s nomination as Commerce Secretary has brought the intersection of crypto and politics into the spotlight. Meanwhile, the U.S. Attorney’s Office for the Southern District of New York continues to investigate Tether for possible illegal activity.