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Tether Senate inquiry probes Cantor’s reported stake, which senator values at $10B

The Cryptonomist·October 9, 2026·1 min read
Tether Senate inquiry probes Cantor’s reported stake, which senator values at $10B

Senator Richard Blumenthal’s October 8, 2026 letter asks Cantor Fitzgerald for ownership, custody and compliance records, including details of a reported 5% stake he estimates is worth about $10 billion. The Senate inquiry into Tether tests whether holding the assets behind USDT is the same as controlling its transfers.

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