According to the Zhixun Finance APP, it was reported that Howard Lutnick, the Commerce Secretary nominee appointed by incoming U.S. President Trump, is exploring strengthening financial ties with Tether, the world's largest stablecoin issuer. Informed sources revealed that Cantor Fitzgerald, under Lutnick, is in negotiations with Tether, planning to launch a $2 billion project to provide customers with dollar loans using Bitcoin as collateral. Cantor Fitzgerald is discussing obtaining support from Tether to help fund the project, which could reach billions of dollars.

Reports indicate that Tether uses Cantor Fitzgerald's holdings of U.S. Treasury bonds worth billions of dollars to support the value of its stablecoin, a relationship that helps Cantor Fitzgerald earn tens of millions of dollars annually.

It is worth noting that Cantor Fitzgerald is currently one of Tether's most important banking business partners, responsible for processing the company's monthly transactions of billions of dollars. This stablecoin issuer is under federal investigation for possible violations of sanctions and anti-money laundering regulations. Tether's Chief Financial Officer Giancarlo Devasini has privately stated that Lutnick will use his political influence to try to defuse the threats faced by Tether. In addition, Lutnick's close business relationship with Tether, as a nominee for Commerce Secretary appointed by Trump, may influence the future direction of cryptocurrency policies, although Lutnick has announced plans to resign from Cantor Fitzgerald, brokerage firm BGC Group, and real estate company Newmark Group.