Tether Custodian CEO: Stablecoins Strengthen Dollar, But Raise China Spying Concerns

• Stablecoins boost demand for U.S. Treasury notes, says Tether custodian CEO Howard Lutnick • Lutnick argues stablecoins strengthen dollar dominance and are good for the U.S. economy • Tether passed stress test and showed it had reserves to back USDT stablecoin • Lutnick worries China could see a digital dollar as an "American spy wallet" • Lutnick predicts real-world assets like bonds will be tokenized and traded on blockchain in 10 years