
Tether, the company behind the USDT stablecoin, recently announced the appointment of Bo Hines, the former executive director of the White House Crypto Council under President Donald Trump, as a strategic advisor for its U.S. operations.
Hines will assist the company in defining and implementing its U.S. strategy, promoting connections with policymakers and other industry players. Tether aims to launch its services in the U.S. market and comply with upcoming regulations for stablecoins introduced in the GENIUS Act.
“During my time in public service, I witnessed firsthand the transformative potential of stablecoins to modernize payments and increase financial inclusion,” Hines stated.
Additionally, he expressed excitement about joining Tether and participating in the development of a stable and compliant ecosystem for American consumers.
Tether CEO Paolo Ardoino emphasized that Hines’ expertise in legislative processes and understanding of blockchain will be crucial as the company grows in this significant financial market.
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