Stablecoins Are Beneficial to U.S. Economy, Cantor Fitzgerald CEO Howard Lutnick Says

Cantor Fitzgerald is a custodian for Tether Holdings, the issuer of the world’s largest stablecoin, tether (USDT). As of writing, USDT boasted a market cap of $107 billion, while second-ranked Circle’s USDC had a market value of $32.25 billion, according to CoinGecko.