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Trump negotiates billion-dollar deal with Tether to strengthen USDT
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Strategic negotiations between the Trump administration and Tether have been taking place with the aim of fostering a more robust ecosystem for cryptocurrencies and boosting the dollar.
According to information from sources linked to the government, the initial negotiation will involve US$2 billion. But there are plans to expand to amounts that could reach tens of billions of dollars.
Under the leadership of Howard Lutnick, CEO of Cantor Fitzgerald and nominee for Secretary of Commerce, dialogues took place to implement an innovative financial program.
Using Bitcoin as collateral, the parties intend to offer loans aimed at business development and attracting investments to the United States.
Tether and Trump government
Tether, known for being responsible for issuing USDT, the largest stablecoin on the market, already maintains a strategic relationship with Cantor Fitzgerald. This partnership, which involves the custody of billions in US Treasury securities to support the value of USDT, generates estimated annual revenues of tens of millions of dollars for the financial institution.
Potential impacts on the cryptocurrency market are under discussion by analysts, who see these actions as an opportunity to position the United States as a global leader in digital assets. The Trump administration’s promise of more flexible regulations has also been a decisive factor in the sector’s innovation and growth.
Furthermore, Howard Lutnick’s influence on the crypto ecosystem is notable, especially for his work in funds related to Bitcoin. Substantial investments in ETFs, such as BlackRock’s iShares Bitcoin Trust, highlight Cantor Fitzgerald’s commitment to expanding its presence in the digital asset market.
But there are controversies. This is because Tether faces investigations over allegations of violations of anti-money laundering and sanctions regulations in the United States. Still, with a market value of around $120 billion, USDT remains a central element in the crypto market.
If negotiations are concluded successfully, a significant transformation in the relationship between the public sector and the cryptocurrency industry could occur.
Trump negotiates billion-dollar deal with Tether to strengthen USDT
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Trump negotiates billion-dollar deal with Tether to strengthen USDT
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Trump negotiates billion-dollar deal with Tether to strengthen USDT
