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Cantor Fitzgerald Boss Verifies Tether’s Reserves—Because Apparently That’s How Finance Works Now

Cantor Fitzgerald Boss Verifies Tether’s Reserves—Because Apparently That’s How Finance Works Now

Author:
CoindeskEN
Published:
2025-05-14 21:29:38
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Cantor Fitzgerald Chairman Brandon Lutnick Says He Personally Checked Tether’s Reserves

Cantor Fitzgerald chairman Brandon Lutnick just did what regulators won’t—personally vetted Tether’s reserves. Because nothing says ’trust’ like a Wall Street exec playing auditor.

The stablecoin giant’s $100B+ backing remains crypto’s favorite conspiracy theory. Lutnick’s stamp of approval? Either a credibility boost or proof the industry’s grading its own homework.

Meanwhile, traditional finance still can’t decide if stablecoins are the future or a regulatory time bomb. Spoiler: They’re probably both.

|Square

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