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.

Tether's treasury mints 2 billion USDT tokens on the Ethereum network.

Financial services giant Cantor Fitzgerald has reportedly acquired a 5% stake in Tether, the world's largest stablecoin issuer, in a deal valued at up to $600 million. The post Cantor Fitzgerald Acquires 5% Stake in Stablecoin Issuer Tether, Valued up to $600M appeared first on Cryptonews.

Cantor Fitzgerald CEO Howard Lutnick, President-elect Trump's Commerce Secretary nominee, wants to launch a $2 billion project to lend dollars to clients against Bitcoin.

Howard Lutnick's Cantor Fitzgerald reportedly seeks to strengthen its financial ties with USDT issuer Tether.

U.S. President-elect Donald Trump's pick for Commerce Secretary, Howard Lutnick is in talks to deepen his financial ties with the company operating the world's largest stablecoin, Tether, by launching a $2 billion project to lend dollars to clients against bitcoin, Bloomberg News reported on Sunday.

According to a Wall Street Journal (WSJ) investigation, Howard Lutnick, Trump's nominee for Commerce Secretary and current presidential transition adviser, maintains significant business connections with cryptocurrency giant Tether through his firm Cantor Fitzgerald.

The acquisition could strengthen Tether's market position, potentially impacting global stablecoin dynamics and U.S. economic policy influence. The post Cantor Fitzgerald, led by Trump's Commerce secretary nominee, struck deal to acquire 5% stake in Tether appeared first on Crypto Briefing.

President-elect Donald Trump recently nominated Cantor CEO Howard Lutnick for Commerce Secretary.

Cantor Fitzgerald will acquire a 5% ownership stake in Tether, strengthening its role as a key banking partner managing a significant portion of Tether's U.S. Treasury portfolio.

The report comes four days after Cantor Fitzgerald's CEO Howard Lutnick was appointed as President-Elect Donald Trump's Secretary of Commerce.

The report comes five days after Cantor Fitzgerald's CEO Howard Lutnick was appointed as President-Elect Donald Trump's Secretary of Commerce.

President-elect Donald Trump has nominated Howard Lutnick, CEO of Cantor Fitzgerald, to be the next Secretary of Commerce. Lutnick, a Wall Street figure and a vocal supporter of Trump, is expected to play a key role in shaping the administration's economic agenda.

APT is positioned for a significant breakout, with forecasts pointing to a 67% rally that could push its price to $24.

Circle's USDC and CCTP integration with Aptos enhances blockchain interoperability, bridging TradFi and DeFi worlds.

Solana (SOL) has recorded a new all-time high (ATH) of $262, marking a historic recovery after three years of tumultuous price action. Notably, the token had once fallen as low as $8 at the peak of the FTX exchange collapse and the ensuing crypto bear market.

Layer-1 blockchain Aptos (APT) has announced a plan to integrate fintech giant Stripe's payment services and the stablecoin USDC. Stripe's payment services will provide a fiat on-ramp for the Aptos network, according to a new press release from the layer-1 project.

A closely followed crypto analyst says that one Solana (SOL) rival may be gearing up for a double-digit breakout.

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TRON (TRX) has been enjoying a significant resurgence this November, with its price making impressive gains, and the network showing strong performance across several key metrics. While the token's price increase is drawing attention, it is the dominance of USDT (Tether) on the TRON network that could be setting the stage for further growth.

Circle has announced the upcoming launch of its USDC stablecoin and Cross-Chain Transfer Protocol (CCTP) on the Aptos blockchain. This move marks a new phase in Aptos' evolution as a scalable layer-1 blockchain designed for diverse Web3 applications.

The Aptos Foundation announced a new partnership with Circle and Stripe, hoping to revolutionize its network functionality. Circle's CCTP and USDC stablecoin will enhance blockchain interoperability, while Stripe will attract TradFi by simplifying fiat interactions.

TL;DR Aptos integrates native USDC and Circle's CCTP protocol, improving interoperability and security in transactions across eight major blockchains. The native version of USDC replaces the bridged USDC, simplifying settlement and increasing transaction security. Stripe will offer fiat-to-USDC conversion services, connecting traditional finance with Aptos' blockchain ecosystem.

Circle will integrate native USDC and the Cross-Chain Transmission Protocol (CCTP) on the Aptos blockchain.

Aptos integrates Stripe crypto payments and Circles USDC, enhancing cross-chain DeFi solutions and fiat on-ramps for global transactions. The post Stripe and Circle's USDC integrate into Aptos ecosystem appeared first on Crypto Briefing.

The integrations aim to boost global payments and decentralized finance on the Aptos network.

Aptos Foundation announced that Circle's USDC stablecoin and Cross-Chain Transfer Protocol will launch on the Aptos blockchain.

A cryptocurrency user has miraculously recovered $129 million in USDT after falling victim to a phishing attack. This unprecedented event, originally reported by Wu Blockchain, highlights both the risks inherent in digital asset transactions and the extraordinary circumstances behind the return of the funds.

TRON's November recovery means the network is in a good position right now.

As crypto grows, so does the list of complex terms to understand — like utility tokens.