Cantor Fitzgerald CEO, Howard Lutnick, has publicly praised the digital currency Tether, as well as its treasury management. In a recent interview, Lutnick expressed his belief in the potential of Tether to revolutionize the financial industry. He outlined the benefits of instant transactions, the potential for reduced fees, and the ease of international transfers as key reasons why Tether, alongside similar cryptocurrencies like Bitcoin, could transform the way we handle money.
Furthermore, Lutnick emphasized the importance of treasury management in cryptocurrency operations. He noted that while many digital currencies lack a centralized treasury, Tether operates differently. It maintains a reserve of assets which supports its value, providing stability and security to investors. This unique feature, combined with the other benefits of digital currencies, has led Lutnick to predict a bright future for Tether and the broader cryptocurrency market.
