Stablecoin issuer Holdings is counting on the providers of a significant Wall Avenue agency to handle its Treasury portfolio, based on a Feb. 10 report by The Wall Avenue Journal.

Citing sources conversant in the matter, the Journal reported that monetary providers firm Cantor Fitzgerald helps Tether oversee a $39 billion bond portfolio comprised of United States Treasury securities. The report signifies that some corporations on Wall Avenue are keen to assist crypto service suppliers regardless of ongoing regulatory issues going through the business.