Is cantor Fitzgerald’s ceo lying??

GlobalMacro90 said:
I will give you the direct quote from Howard Lutnick the Canter Fitzgerald CEO and Wall Street veteran. Today on CNBC:

"I'm a big fan of this stablecoin called Tether...I hold their treasuries. So I keep their treasuries, and they have a lot of treasuries. They're over $90 billion now, so I'm a big fan of Tether."

so either:

1 he is lying and risking jail time for absolutely no reason

2 telling the truth and tether owns over at 90 billion in US treasury despite what everyone on this forum says

what say you to the truth truthers??
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%%
SOUNDS like \not much @ the very most\
RE kings + queens in FL own much more treasure - sand+ sand is actually useful in oil business+ concrete:D:D I'm a semi= big fan of sand LOL:caution::caution:
 
Tether theoretically is an excellent business model. Low overhead, safe investments, steady returns.

The main question though: Unless you are a criminal/terrorist organization, why would you need Tether as an onramp to buy crypto? Why not just buy directly at the brokerage???
 
Pekelo said:
Tether theoretically is an excellent business model. Low overhead, safe investments, steady returns.

The main question though: Unless you are a criminal/terrorist organization, why would you need Tether as an onramp to buy crypto? Why not just buy directly at the brokerage???
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Because crypto to crypto exchanges do not take USD so are less highly regulated.
 
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