Tether Seeks Partnership with Cantor Fitzgerald in Bitcoin Financing
- Tether aims to join Cantor Fitzgerald’s Bitcoin lending business, highlighting a long-term relationship.
- CEO Ardoino believes the partnership will be mutually beneficial due to both firms’ experience.
- Cantor Fitzgerald has connections with institutional borrowers, making it an ideal partner for Tether.
- Tether is recognized by Thailand’s SEC as an approved cryptocurrency amid EU exclusion under MiCA rules.
- The US plans to focus on stablecoins, with Tether facing competition from RLUSD and USDC.
Tether is pursuing a partnership with Cantor Fitzgerald in the Bitcoin financing sector, leveraging its established relationships with institutional borrowers. Despite being based outside the US, Tether seeks to play a significant role in promoting the US dollar as a global reserve currency through stablecoins.
Source (2.6)https://coingape.com/tether-confirms-interest-in-cantor-fitzgeralds-bitcoin-financing-business/?rand=24432
