Tether's chief financial officer has revealed that Lutnick will use his political influence to defuse threats to Tether

Nate Geraci, president of The ETF Store, shared the WSJ's report on Tether on X: "Giancarlo Devasini, chief financial officer of Tether, said privately earlier this year that Howard Lutnick would use his political influence to try to defuse the threat to Tether. Lutnick owns a majority stake in Cantor, which hosts the majority of Tether's $134 billion assets. Cantor also apparently owns 5% of Tether."
Previously, it was reported that Wall Street bond trading giant Cantor would acquire a 5% ownership interest in Tether.