Bitcoin (BTC) and Tether (USDT) are the crypto assets of choice for Howard Lutnick, CEO of Wall Street financial services firm Cantor Fitzgerald.

“I’m a fan of crypto assets, but specifically Bitcoin. Only Bitcoin. I’m not interested in other coins,” he said in an interview on CNBC’s Money Movers podcast. Lutnick also said he is a fan of Tether, a stablecoin whose custodian is Cantor Fitzgerald. Other custodians are Charles Schwab and Fidelity.

“I’m a big fan of the Tether stablecoin. I own Tether bonds,” he said. For Lutnick, Bitcoin’s value lies in its decentralization. In this respect, it differs from Ethereum (ETH) and some layer 1 coins.

“What’s the one asset that no one can take away from you? It’s Bitcoin,” he said.

｜Translation: CoinDesk JAPAN
｜Edited by: Toshihiko Inoue
| Image: Cantor Fitzgerald CEO Howard Lutnick. (World Economic Forum)
｜Original text: Cantor Fitzgerald CEO Is a Bitcoin Maxi and Tether Fan