Custodian Cantor Fitzgerald Endorses: Tether’s Reserves Are Genuine
According to The Block’s report, the American financial services company Cantor Fitzgerald has been serving as the custodian for Tether since the end of 2021. As the custodian, Cantor manages a significant amount of assets for Tether and also verifies a portion of its balance sheet. During an interview with Bloomberg TV at the World Economic Forum in Davos, Cantor Fitzgerald’s Chairman and CEO, Howard Lutnick, confirmed that Tether does indeed possess the claimed reserves for its USDT.
