President-elect Donald Trump’s pick for Commerce Secretary, Howard Lutnick, is in the process of forging a multi-billion dollar deal with Tether (CRYPTO: USDT), the company behind the world’s largest stablecoin by market capitalization.

U.S. President-elect Donald Trump's pick for Commerce secretary, Howard Lutnick, is in talks to deepen his financial ties with the company operating the world's largest stablecoin, Tether, by launching a $2 billion project to lend dollars to clients against bitcoin,

US President-elect Donald Trump’s nominee for Commerce Secretary, Howard Lutnick, is reportedly exploring a $2B bitcoin-backed lending initiative.

Howard Lutnick is moving to strengthen his alliance with one of the most important and controversial names in the digital-asset business: Tether Holdings Ltd.Lutnick is in talks to deepen the financial ties between his businesses and the company behind the world’s largest stablecoin,

The unlaunched lending initiative will start with $2 billion in funds, which could eventually grow to tens of billions of dollars.

Howard Lutnick, Bitcoin advocate, is appointed as Trump's Commerce secretary, leading US trade policies and crypto market influence.

U.S. President-elect Donald Trump wants Cantor Fitzgerald CEO Howard Lutnick — a vocal cryptocurrency enthusiast who has been stablecoin giant Tether's (USDT) Wall Street banker for years — to serve as his Commerce Secretary, not Treasury Secretary.

President-elect Donald Trump has chosen Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and cryptocurrency enthusiast, as his nominee for commerce secretary.

Before becoming Donald Trump’s commerce secretary pick, Lutnick deepened Cantor Fitzgerald’s ties with a stablecoin firm being investigated by U.S. authorities.

Howard Lutnick's Cantor Fitzgerald in talks with Tether to launch Bitcoin lending program worth billions; Tether probed by federal government.