Howard Lutnick, chairman of Wall Street trading firm Cantor Fitzgerald, is in discussions with Tether's Giancarlo Devasini about Cantor’s multi-billion dollar program that will allow clients to borrow money using bitcoin as collateral, the Wall Street Journal reported on Sunday.First announced in July, the lending initiative will start with $2 billion in funds, which could eventually grow to tens of billions of dollars. Tether’s potential inclus…

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Trump's Commerce Secretary Pick Howard Lutnick in Talks With Tether to Support Bitcoin Lending Program: WSJ

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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. Cantor Fitzgerald’s Crypto Strategy: A Pivotal Moment for Bitcoin’s Future Howard Lutnick, chairman and CEO of Cantor Fitzgerald, a leading global financial services firm, is reportedly working to bolster... The post Wall Street Giant Eng…

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Wall Street Giant Engages Tether on Pivotal Bitcoin Lending Plan

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CoinStats - Tether in Talks to Support Cantor Fitzgerald’...

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. Cantor Fitzgerald’s Crypto Strategy: A Pivotal Moment for Bitcoin’s Future Howard Lutnick...

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Howard Lutnick, Chairman and CEO of Cantor Fitzgerald and President-elect Donald Trump’s pick for Commerce Secretary, is reportedly in discussions with Tether to launch a $2 billion project to lend US dollars to clients using Bitcoin as collateral, according to Bloomberg. While no official confirmation has been made, the program is anticipated to eventually scale to tens of billions.“Tether Investments is looking to use part of the profits gener…

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Lutnick’s Cantor Mulls $2B Bitcoin Lending Project with Tether After $600M Investment

Cantor Fitzgerald plans a $2B Bitcoin Lending Program via Tether, leveraging Bitcoin as collateral and strengthening its ties with crypto markets.

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Cantor Fitzgerald Launches $2 Billion Bitcoin Lending Program

The post Cantor Fitzgerald Launches $2 Billion Bitcoin Lending Program appeared on BitcoinEthereumNews.com. Key Points: Cantor Fitzgerald’s Bitcoin Lending Program will allow borrowing against Bitcoin collateral. The $2B Bitcoin Lending Program is supported by Tether and other financial contributors. Cantor Fitzgerald plans a $2B Bitcoin Lending Program via Tether, leveraging Bitcoin as collateral and strengthening its ties with crypto markets. …

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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. He’s exiting his leadership positions at Cantor Fitzgerald, BGC Partners, and Newmark to comply with ethics rules. Cantor is handing over a multibillion-dollar deal with Tether, the controversial crypto company, to his son, Bra…

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Cantor's Howard Lutnick prepares to leave all companies, passes Tether deal to his son

The post Cantor Fitzgerald Plans $2B Bitcoin-Backed Loan Program with Tether appeared first on Coinpedia Fintech News As per the latest Bloomberg report, 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. While the firm will start lending against Bitcoin with $2 billion, it is expec…

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Cantor Fitzgerald Plans $2B Bitcoin-Backed Loan Program with Tether

Cantor Fitzgerald, a U.S. financial services and bond trading firm, is reportedly discussing a multibillion-dollar Bitcoin-backed lending program with the help of Tether. The proposed program would allow clients to borrow dollars using Bitcoin as collateral, initially starting with a $2 billion allotment, with the potential to expand as crypto adoption grows. This move highlights the growing relationship between Wall Street and the crypto indust…

Trump's Commerce Secretary Pick Howard Lutnick in Talks With Tether to Support Bitcoin Lending Program: WSJ

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