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