Trump Fed nominee Kevin Warsh's crypto connections are under scrutiny, raising concerns about potential impacts on the Tether stablecoin project.
🔥STABLECOIN NEWS: Trump’s Fed nominee Kevin Warsh is drawing scrutiny over his crypto connections.
Here’s what’s happening:
Warsh’s ties to Anchorage Digital and Cantor Fitzgerald are raising new questions about potential influence on the Tether-linked $USAT stablecoin project.
Anchorage provides custody services to major crypto firms, while Cantor Fitzgerald is a key partner behind Tether’s U.S. Treasury holdings.
Together, those links could give Warsh unusual proximity to one of the most systemically important players in digital assets.
Critics worry this creates blurred lines between future Fed policy and private stablecoin interests, especially as the Trump administration continues pushing for U.S. dominance in digital finance.
Supporters argue Warsh’s experience could bring much-needed expertise to the Fed’s crypto oversight.
Either way, his nomination highlights how deeply digital assets are now tied to monetary policy.