Bo Hines has joined Tether Inc. simply days after stepping down from his function in US President Donald Trump’s crypto job pressure, taking a job that can push the corporate’s foray into the US market.
According to experiences, Hines will function Strategic Advisor for Digital Assets and United States Strategy and can give attention to aligning Tether’s enterprise with incoming guidelines beneath the GENIUS invoice.
He left the White House put up on August 9 and, primarily based on experiences, fielded affords from about 50 tasks earlier than selecting Tether.
Rapid Transition To Private Sector
The transfer got here quick. Reports have disclosed that Hines resigned and inside per week turned one of the vital sought-after figures in crypto.
Paolo Ardoino, Tether’s CEO, framed the rent as a part of a broader US growth plan and stated Hines’ data of Washington will assist the agency navigate new guidelines.
Hines had been concerned in selling a “Made in USA” angle whereas on the job pressure, and he spent roughly seven months in that function.
Thrilled to hitch @Tether_to! Huge because of @paoloardoino & the staff for the nice and cozy welcome. Excited to assist construct an ecosystem of digital asset merchandise that set the usual for compliance & innovation—empowering U.S. customers and reshaping our monetary system. The finest is but… https://t.co/DloARijWkh
— Bo Hines (@BoHines) August 19, 2025
GENIUS Bill Puts Spotlight On Stablecoins
Lawmakers are actually advancing clearer guidelines for stablecoins, and the GENIUS invoice focuses largely on fiat-backed tokens. Based on experiences, USDT’s reserve combine — partially backed by fiat and closely weighted in US Treasury payments — could not match neatly into the invoice’s primary outlines.
That hole is one motive Tether desires somebody with coverage expertise who can discuss to regulators and clarify how USDT may function beneath stricter guidelines. Hines is predicted to fulfill with coverage makers and different stakeholders to press Tether’s case.
Tether’s Scale And Crypto Growth
Tether is an enormous participant. Reports place the agency among the many high 15 holders of US Treasury debt with about $120 billion in bonds.
Supply metrics in 2025 underline that scale: 50 billion new USDT have been minted on TRON and Ethereum this yr, taking complete USDT from 117 billion in January to over 160 billion.
Usage is concentrated within the Asia Pacific area and Europe, whereas within the US some dollar-based buying and selling has shifted towards extra regulated choices like USDC on centralized platforms.
Hines’ rent indicators that Tether sees each threat and alternative within the US. According to statements, he’ll work to make Tether’s actions appropriate with US guidelines and to push product work that goals for “stability, compliance, and innovation” — language Hines used to explain his objectives.
Featured picture from Allison Joyce/Getty Images, chart from TradingView
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