Bitcoin24h $70,895.69+1.99%

Ethereum24h $2,092.22+0.97%

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BNB24h $639.68+2.66%

Solana24h $91.01+6.27%

TRON24h $0.2819-0.21%

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Bitcoin Cash24h $561.32-0.36%

Cardano24h $0.3003+8.32%

Hyperliquid24h $31.36-1.59%

Why are Tether and Cantor Fitzgerald lending near identical amounts?

Tether and Cantor Fitzgerald have both grown their collateralized lending businesses by approximately $2 billion over the last few months.

Tether’s gold-backed aUSDT barely minted since its launch a month ago

Despite Tether’s gargantuan size and billions in annual profit, just five wallets have opened aUSDT positions and only 32 wallets hold it.

Tether has grown its role in the crypto ecosystem, funding projects across different verticals while receiving fewer audits than FTX.

Hong Kong police arrested three individuals accused of stealing HK$3.11 million (~$400,000) worth of Tether using fake banknotes.

Chinese national Sun Yunfeng lied about Tether execs, including Stuart Hoegner and CFO Giancarlo Devasini, working at his firm.