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Stablecoins are 'fundamental' for the US economy — Cantor Fitzgerald CEO

Retrieved on: 2024-04-10 17:36:20

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Stablecoins are 'fundamental' for the US economy — Cantor Fitzgerald CEO. View article details on HISWAI: https://cryptobriefing.com/stablecoins-us-economy-cantor-fitzgerald/

Summary

Howard Lutnick, CEO of Cantor Fitzgerald, supports stablecoins like USDT and USDC, viewing them as vital for the US economy and driver of US Treasuries demand. Lutnick predicts growth in asset tokenization and raises concerns over CBDCs potentially being seen as "spy wallets" by other nations.

Article found on: cryptobriefing.com

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