Tether faucets Cantor Fitzgerald to assist oversee bond portfolio: Report

Stablecoin issuer Holdings is counting on the companies of a significant Wall Avenue agency to handle its Treasury portfolio, in keeping with a Feb. 10 report by The Wall Avenue Journal.

Citing sources accustomed to the matter, the Journal reported that monetary companies firm Cantor Fitzgerald helps Tether oversee a $39 billion bond portfolio comprised of United States Treasury securities. The report signifies that some companies on Wall Avenue are prepared to assist crypto service suppliers regardless of ongoing regulatory issues going through the business.

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