Summary
Cantor Fitzgerald is a custodian for Tether Holdings, issuer of the largest stablecoin USDT with a market cap of $107 billion, surpassing USDC’s market cap of $32.25 billion.
Key Points
1. Cantor Fitzgerald is a custodian for Tether Holdings, the issuer of the world’s largest stablecoin, tether (USDT).
2. 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.
3. Cantor Fitzgerald’s involvement as a custodian highlights the importance of secure storage for digital assets in the cryptocurrency market.