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Wall street institution Cantor Fitzgerald reportedly manages $39B of Tether’s reserves

Ad Stablecoin issuer Tether (USDT) is reportedly using Wall Street financial institution Cantor Fitzgerald to manage its $39 billion bond portfolio, Wall Street Journal reported Feb. 10. According to the report, the stablecoin issuer began using Cantor Fitzgerald in 2021 after it reached a settlement agreement with a financial regulator over the management of its…

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