Cantor Fitzgerald is considering teaming up with Tether for its $2 billion Bitcoin lending program, initially announced in July of this year

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's ambitious plan could reshape crypto finance, merging Bitcoin, stablecoins, and mainstream lending.

Wall Street firm Cantor Fitzgerald has acquired a 5% stake in Tether for up to $600 million while launching a $2 billion Bitcoin lending program, marking a major fusion of traditional finance with cryptocurrency markets.

US President-elect Donald Trump’s nominee for Commerce Secretary, Howard Lutnick, is reportedly exploring a $2B bitcoin-backed lending initiative.

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,

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

The unlaunched lending initiative will start with $2 billion in funds, which could eventually grow to tens of billions of dollars.