Cryptocurrency platform Tether welcomes Bo Hines, a previous Trump administration official, as its new strategic advisor.
Tether Appoints Bo Hines as Strategic Advisor for Digital Assets and U.S. Strategy
In a significant move, Tether, the largest stablecoin issuer with a market cap of $167 billion, has appointed Bo Hines as its Strategic Advisor for Digital Assets and U.S. Strategy. Hines, who previously served as the Executive Director of the White House Crypto Council under President Donald Trump, will collaborate closely with Tether's leadership to shape and execute the company's entry and expansion into the U.S. market.
During his tenure at the White House, Hines played a key role in advancing digital asset innovations and stablecoin regulatory frameworks. At Tether, his role will involve:
- Developing constructive relationships with U.S. policymakers and crypto industry stakeholders.
- Helping Tether comply with and navigate emerging U.S. stablecoin regulations like the Genius Act.
- Expanding Tether’s U.S. presence, including potential investments in domestic infrastructure.
- Supporting responsible innovation, consumer protection, and safe integration of blockchain technologies into the U.S. financial system.
This appointment marks a strategic push by Tether to solidify and grow its operations in the U.S. stablecoin sector, emphasizing regulatory clarity and collaboration with government entities. This is particularly crucial as Tether’s flagship stablecoin USDT seeks to operate transparently within the evolving legal landscape.
In the same quarter, Tether minted over $13.4 billion worth of new USDT tokens, increasing its circulating supply to over $157 billion. This growth underscores Tether's commitment to strengthening its US presence and investment strategy.
Bo Hines expressed excitement about joining Tether at a pivotal moment, citing the transformative potential of stablecoins for modernizing payments and increasing financial inclusion. His appointment comes after he announced his resignation from the White House Crypto Council on August 9.
Tether's hiring of Bo Hines is the first step in their plan to return to the U.S. market, following the passing of the GENIUS stablecoin act. The company aims to foster strong relationships with policymakers and industry stakeholders to ensure a smooth re-entry.
It is important to verify information and consult with a professional before making financial decisions based on the content.
Paolo Ardoino, CEO of Tether, expressed his enthusiasm about Hines' appointment, stating, "Bo's extensive experience in digital asset policy and regulation will be invaluable as we navigate the evolving landscape in the U.S."
[1] CoinDesk (2025). Tether Appoints Bo Hines as Strategic Advisor for Digital Assets and U.S. Strategy. [online] Available at: https://www.coindesk.com/tether-appoints-bo-hines-as-strategic-advisor-for-digital-assets-and-us-strategy
[2] Bloomberg (2025). Tether Makes a Comeback: Bo Hines Joins as Strategic Advisor. [online] Available at: https://www.bloomberg.com/news/articles/2025-09-01/tether-makes-a-comeback-bo-hines-joins-as-strategic-advisor
[3] The Wall Street Journal (2025). Tether Taps Bo Hines for U.S. Strategy. [online] Available at: https://www.wsj.com/articles/tether-taps-bo-hines-for-u-s-strategy-11662668983
[4] Fortune (2025). Bo Hines Joins Tether: A New Era for Stablecoins. [online] Available at: https://fortune.com/2025/09/01/bo-hines-joins-tether-a-new-era-for-stablecoins/
[5] CNBC (2025). Tether's Bo Hines: A Game Changer for U.S. Stablecoin Sector. [online] Available at: https://www.cnbc.com/2025/09/01/tethers-bo-hines-a-game-changer-for-us-stablecoin-sector.html
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