Cantor Fitzgerald CEO: Holds a lot of Tether Treasury bonds

Howard Lutnick, CEO of financial services company Cantor Fitzgerald, said on CNBC's podcast: "I am a loyal fan of stablecoins like Tether. I hold their national debt, they have a lot of national debt, and they now have more than $90 billion, so I am a loyal fan of Tether." Howard Lutnick did not specify whether the $90 billion was the amount of national debt held by the company for Tether. Market data shows that Tether's market value is currently $90.5 billion.