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By Krisztian Sandor|Edited by Parikshit Mishra
Updated Aug 19, 2025, 11:00 a.m. Published Aug 19, 2025, 10:59 a.m.
- Bo Hines, former White House Crypto Council chief, joins Tether as U.S. strategy advisor.
- He will lead policy outreach and guide the company’s entry into the American market, Tether said.
- Tether issued the USDT stablecoin with plans to expand in the U.S. market.
Tether, the crypto firm behind the largest stablecoin USDT (USDT), said on Tuesday it has appointed Bo Hines, former executive director of the White House Crypto Council under President Donald Trump, as strategic advisor for the firm’s U.S. strategy.
Hines will advise Tether to “shape and execute the company’s U.S. market entry, cultivating constructive relationships with policymakers and industry stakeholders,” the firm said in a press release.
STORY CONTINUES BELOW
The appointment comes as Tether shared plans of entering the U.S. market and complying with new federal laws for stablecoins under the GENIUS Act. Hines served as executive director of the President’s Council of Advisers on Digital Assets, shaping the Trump administration’s crypto policy.
“During my time in public service, I witnessed firsthand the transformative potential of stablecoins to modernize payments and increase financial inclusion,” Hines said in a statement.
“I’m thrilled to join Tether at such a pivotal moment, helping to deliver an ecosystem of products that will set the standard for stability, compliance, and innovation in the U.S. market – one that will empower American consumers and help revolutionize our nation’s financial system,” Hines said.
Tether CEO Paolo Ardoino said the hire reflects the company’s plans to deepen its footprint in the world’s largest financial market. “Bo’s understanding of the legislative process and blockchain’s practical use cases will be vital as we expand,” Ardoino said in a statement.
Read more: Tether Leads 30M-Euro Investment Round in Spanish Crypto Exchange Bit2Me
Krisztian Sandor is a U.S. markets reporter focusing on stablecoins, tokenization, real-world assets. He graduated from New York University’s business and economic reporting program before joining CoinDesk. He holds BTC, SOL and ETH.
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By Krisztian Sandor|Edited by Parikshit Mishra
17 minutes ago
The Frontier Stable Token has been deployed on Arbitrum (ARB), Avalanche (AVAX), Base, Ethereum (ETH), Optimism (OP), Polygon (POL), and Solana (SOL) networks.
What to know:
- Wyoming has launched the Frontier Stable Token, the first fully-reserved stablecoin issued by a public entity in the U.S.
- The token will be available for the broader public in the coming days on the Solana network via Kraken and crypto card platform Rain on Avalanche.
- The debut follows the U.S. enacting federal guidelines for stablecoin issuance under the GENIUS Act.
