Cantor Fitzgerald CEO Howard Lutnick believes Tether (CRYPTO: USDT), the biggest stablecoin by market capitalization, has substantial assets and liabilities. What Happened: “There’s a company that I like called Tether,” he told Bloomberg. “And the group I want to say here with you, from what we’ve seen and we did a lot of work, they have the money.” His comments come on the heels of a United Nations report that scrutinizes USDT as a favored payment method for criminal activities. Lutnik also compared the trajectory of Bitcoin (CRYPTO: BTC) to the early days of gold ETFs. He said while the apex…

Read More