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Cantor Fitzgerald and Tether Reportedly Plan $2B Bitcoin-Backed Lending Program

TheNewsCrypto LogoTheNewsCrypto23h ago

Cantor Fitzgerald and Tether Reportedly Plan $2B Bitcoin-Backed Lending Program - TheNewsCrypto

Quick Summary:

Cantor Fitzgerald, a bond and financial services trading business in the United States, is allegedly in talks with Tether about launching a multibillion-dollar lending program backed by Bitcoin.

Customers would be able to borrow money using Bitcoin as collateral under the proposed program.

That would put money into the Bitcoin lending program, which is still in its beginnings.


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Cantor Fitzgerald and Tether Reportedly Plan $2B Bitcoin-Backed Lending Program - TheNewsCrypto (Picture 1)

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Article Details

Author / Journalist: Ashfaq

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-25 @ 18:43:14 (23 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 293 words

Reading Time: 2 minutes read

Sentences: 26 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 23871459

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About TheNewsCrypto

TheNewsCrypto Logo

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 12 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

Publisher Details

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The story "Cantor Fitzgerald and Tether Reportedly Plan $2B Bitcoin-Backed Lending Program" has 293 words across 26 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "Cantor Fitzgerald and Tether Reportedly Plan $2B Bitcoin-Backed Lending Program" was covered 23 hours ago by TheNewsCrypto, a news publisher based in United Arab Emirates.

How trustworthy is 'TheNewsCrypto' news outlet?

TheNewsCrypto is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in United Arab Emirates and publishes an average of 12 news stories per day.

It's most recent story was published 11 hours ago.

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  • News ID: #23871459
  • URL: https://beamstart.com/news/cantor-fitzgerald-and-tether-reportedly-1732596060

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