Sen. Blumenthal's subcommittee just sent Brandon Lutnick a letter about Cantor Fitzgerald's $USDT exposure
Timing? Days after their report labeled Tether as Iran's shadow banking lifeline
This isn't random noise. When senators start writing letters, it means someone's building a file. Cantor holds Tether's reserves. If regulators decide $USDT is a sanctions problem, that's not just a Tether issue anymore—it's a systemic choke point.
Watch how this plays out. If Cantor gets pressured to distance itself, Tether loses credibility fast. And if Tether wobbles, the entire stablecoin stack gets messy.
Not FUD. Just connect the dots.
Timing? Days after their report labeled Tether as Iran's shadow banking lifeline
This isn't random noise. When senators start writing letters, it means someone's building a file. Cantor holds Tether's reserves. If regulators decide $USDT is a sanctions problem, that's not just a Tether issue anymore—it's a systemic choke point.
Watch how this plays out. If Cantor gets pressured to distance itself, Tether loses credibility fast. And if Tether wobbles, the entire stablecoin stack gets messy.
Not FUD. Just connect the dots.