Cantor Fitzgerald is a custodian for Tether Holdings, the issuer of the world’s largest stablecoin, tether (USDT). As of writing, USDT boasted a market cap of $107 billion, while second-ranked Circle’s USDC had a market value of $32.25 billion, according to CoinGecko.
![Stablecoins Are Beneficial to U.S. Economy, Tether’s Custodian Says Stablecoins Are Beneficial to U.S. Economy, Tether’s Custodian Says](https://www.coindesk.com/resizer/ByASeD7Y_H-l038evUmfnQxOYYQ=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/F7TD2JC5FJH2DPBXD77S3GSJMQ.jpg)