Ethereum reclaims USDT dominance, overtaking Tron for first time since 2022
Ethereum's enduring appeal for USDT issuance is also tied to its DeFi dominance and institutional adoption.
Keep up with what's happening in the crypto world in real-time.
Ethereum's enduring appeal for USDT issuance is also tied to its DeFi dominance and institutional adoption.
Financial services firm, Cantor Fitzgerald, is reportedly discussing receiving support from stablecoin issuer Tether to help fund the project.
Tether's record-high reserves signal strong buying power for Bitcoin, pushing prices near $100K. Learn how stablecoin inflows and bull flag patterns target $125K by 2024.
Tether added $3 billion in USDT tokens to the Ethereum and Tron networks. Lookonchain reports that since November 8th, Tether has minted almost $13 billion USDT.

Tether has minted $3 billion in USDt tokens across Ethereum and Tron as Bitcoin nears $100,000, signaling rising demand amid a historic crypto rally.
MEXC, one of the world's foremost cryptocurrency platforms, has unveiled a major upgrade to its ongoing “Supercar Giveaway” event.

TL;DR Cantor Fitzgerald has acquired a 5% stake in Tether, the issuer of USDT, for $600 million, highlighting its commitment to expanding in the crypto market. Howard Lutnick, Cantor Fitzgerald's CEO, is stepping down to become Commerce Secretary in President-elect Donald Trump's administration, with his son Brandon Lutnick taking over the Tether deal.

The potential collaboration could reshape crypto lending, blending Wall Street power with blockchain technology.
Wall Street firm Cantor Fitzgerald has acquired a 5% stake in Tether for up to $600 million while launching a $2 billion Bitcoin lending program, marking a major fusion of traditional finance with cryptocurrency markets.
Howard Lutnick, the powerhouse behind Cantor Fitzgerald, is officially stepping away from all his business roles. With his nomination as Commerce Secretary under President-elect Donald Trump, Lutnick is clearing the deck.

Tether issued an additional $3 billion in USDT tokens in November, with $2 billion minted on Ethereum and $1 billion on the Tron network.
Tether mints $3 billion in USDT, boosting crypto market liquidity and potentially signaling bullish momentum.
Tether may take part in Cantor's multi-billion dollar bitcoin financing program. The latter already owns a 5% stake in Tether and custodies its U.S. Treasuries.
From November 8, the crypto company has minted about 13 billion dollars of stablecoins.

US President-elect Donald Trump's nominee for Commerce Secretary, Howard Lutnick, is reportedly exploring a $2 billion bitcoin-backed lending initiative in collaboration with Tether, the issuer of the world's largest stablecoin, according to Bloomberg.

Tether, the world's largest stablecoin issuer, has minted over $3 billion in USDT in the past 24 hours. This action accumulates the company's mint in a month.

Cantor Fitzgerald is deepening its crypto ties as its chief prepares to assume his role as Commerce Secretary after Trump's nomination.
Wall Street powerhouse Cantor Fitzgerald plans to launch a multibillion-dollar lending program using bitcoin as collateral, potentially reshaping crypto-backed financing and deepening ties with Tether Holdings.
According to stablecoin firm Tether, over $134 billion USDt tokens are circulating across various blockchain protocols as of November 2024.

According to stablecoin firm Tether, over $134 billion USDt tokens are circulating across various blockchain protocols as of November 2024.

Financial services firm Cantor Fitzgerald, which serves as Tether's banking partner, is looking to work with the stablecoin issuer on a program that will allow clients to borrow dollars against Bitcoin as collateral, Bloomberg reported on Sunday.
Cantor Fitzgerald, a prominent US financial services firm, is expanding its alliance with Tether, a key player in the digital asset industry and the issuer of the world's largest stablecoin.

Howard Lutnick, CEO and majority owner of Cantor Fitzgerald, has been nominated as Commerce Secretary by President-elect Donald Trump. Lutnick's potential appointment signals a possible pro-crypto shift in U.S. policy, given his involvement with blockchain and digital asset initiatives.

Howard Lutnick, CEO of Cantor Fitzgerald, is nominated as Commerce Secretary, which could affect U.S. crypto rules. His firm owns 5% of Tether and handles most of its reserves.

