Cantor has entered into a $3.6 billion venture deal in the cryptocurrency space with SoftBank and Tether, signaling a significant investment in the evolving digital asset market. This collaboration is expected to enhance Cantor's capabilities and presence in the crypto sector.

Tether's USDT has reached a record market cap of over $160 billion, marking significant growth due to its utility in emerging markets and strong profits from U.S. Treasury holdings. CEO Paolo Ardoino highlighted this milestone as a testament to USDT's role as a digital dollar for millions worldwide. Tether's dominance continues, holding a substantial market share in the stablecoin sector.