Adds Tether's response President-elect Donald Trump's pick for Commerce secretary, Howard Lutnick is in talks with the company behind the world's largest stablecoin, Tether, to launch a multibillion-dollar program to lend dollars to clients against Bitcoin,

Howard Lutnick is moving to strengthen his alliance with one of the most important and controversial names in the digital-asset business: Tether Holdings Ltd.

Cantor Fitzgerald CEO Howard Lutnick negotiates $2B lending venture with Tether amid potential Commerce Secretary nomination.

U.S. President-elect Donald Trump's pick for Commerce Secretary, Howard Lutnick is in talks to deepen his financial ties with the company operating the world's largest stablecoin, Tether, by launching a $2 billion project to lend dollars to clients against bitcoin,

Before becoming Donald Trump’s commerce secretary pick, Lutnick deepened Cantor Fitzgerald’s ties with a stablecoin firm being investigated by U.S. authorities.