Trump’s commerce pick Lutnick to expand $2b Tether, Bitcoin lending: report

Vignesh Karunanidhi

Cantor Fitzgerald CEO Howard Lutnick, President-elect Trump’s Commerce Secretary nominee, wants to launch a $2 billion project to lend dollars to clients against Bitcoin. As part of the setup, Cantor Fitzgerald would receive support from Tether, the company behind the…

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Trump’s commerce pick Lutnick to expand $2b Tether, Bitcoin lending: report