Trump’s pick Howard Lutnick eyes $2B Bitcoin-backed lending project with Tether: Bloomberg
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.Lutnick’s financial services company, Cantor Fitzgerald, is said to be in discussions with Tether to secure…
November 25, 2024