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TechFlow reports that Howard Lutnick, CEO of Wall Street firm Cantor Fitzgerald, praised stablecoin issuer Tether (USDT), calling himself a "huge fan" of the company. While many Wall Street firms have shied away from crypto-related businesses, especially after the collapse of Silicon Valley Bank, Lutnick has for years helped manage Tether's multi-billion-dollar U.S. Treasury investment portfolio.
Howard Lutnick, CEO of Wall Street firm Cantor Fitzgerald, praised stablecoin issuer Tether (USDT), calling himself a "huge fan" of the company. While many Wall Street firms have shied away from crypto-related businesses—especially after the collapse of Silicon Valley Bank—Lutnick has for years helped manage Tether's multi-billion-dollar U.S. Treasury investment portfolio.
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