"Dollar dominance is critical for the United States," Howard Lutnick, CEO of Wall Street bond trading giant Cantor Fitzgerald, said at the Chainalysis conference on Wednesday. It's important to us, it's important to our economy. That's why I favor the appropriately supported stablecoins Tether (USDT) and Circle (USDC). ”

Stablecoins, he said, are "the foundation of the U.S. economy, driving demand for U.S. Treasuries and not posing a systemic risk to the world." (Bloomberg)
Previously, Howard Lutnick said in an interview with Bloomberg that he manages a lot of Tether's assets and does a lot of work. Howard Lutnick also claims that Tether owns the funds they claim and that Cantor has seen that Tether does own the funds.