- Tether hires Bo Hines to navigate U.S. regulatory landscape and expand presence.
- Hines has enhanced the relationship of Tether with policymakers as the firm faces increased regulatory attention.
- Tether also strives to create a stablecoin that is U.S.-based and compliant, and transparent.
Tether, the world’s largest stablecoin issuer, has secured a high-profile addition to its leadership team. Bo Hines, who recently stepped down as Executive Director of the White House Crypto Council under the Trump administration, has joined the company as Strategic Advisor for Digital Assets and U.S. Strategy.
His appointment comes as Tether expands efforts to enter the American market amid rising regulatory scrutiny.
Bo Hines Joins Tether For U.S. Expansion
Hines left his White House role earlier this month after serving less than seven months in Washington. During his time in office, he worked to shape federal policies on blockchain technology and digital assets.
His tenure saw him play a key role in advancing President Trump’s ambitious crypto agenda and in passing the GENIUS Act, legislation aimed at guiding stablecoin regulation.
🔥 HOT: Tether taps Trump’s top crypto official Bo Hines to spearhead its U.S. stablecoin expansion! 🇺🇸💥 pic.twitter.com/SyryZyig54
— CryptosRus (@CryptosR_Us) August 19, 2025
After leaving government, Hines reportedly received numerous private sector offers from major crypto firms. He ultimately chose Tether, just weeks after Congress passed new rules governing stablecoin operations.
The move positions him to lead Tether’s U.S. strategy, ensuring compliance with upcoming regulations while expanding the company’s footprint in the domestic market.
USDT Strengthens Regulatory Standing With Washington
Hines’ connections in Washington are expected to prove valuable as Tether seeks legitimacy in the United States. The GENIUS Act, short for “Guiding and Establishing National Innovation for U.S. Stablecoins,” was signed into law in June with strong bipartisan backing.
The law establishes very stringent regulations, such as the provision of collateral to issue the tokens and anti-money laundering compliance.
The USDT has been the subject of such criticism as it has shown no transparency and difficulty with compliance in the past. The firm is, however, optimistic that it can strengthen its relationship with policymakers under the leadership of Hines because he will be able to respond to lingering regulatory issues.
The chief executive officer (CEO), Paolo Ardoino, of Bitfinex HK Group added in the sense of leadership and how Hines contributed to developing a working relationship between the government and the digital asset sector.
New Role Focuses On Strategy And Innovation
As Strategic Advisor, Hines will oversee Tether’s U.S. operations and lead initiatives related to stablecoin development.
He is supposed to lead in the launching of a new U.S.-based stablecoin as well as strengthen the reputation of the firm with the regulators. Tether, located in El Salvador, has already invested billions in reinvestment to the U.S. market. In fact, Tether now ranks among the largest U.S. Treasury holders with $127B, underscoring the firm’s deep ties with U.S. financial instruments.
The company is experiencing rising levels of competition, particularly from U.S.-based competitor Circle that recently became public earlier this year.
Hiring a former high-ranking official in the White House, the firm intends to establish a liaison in the financial system of the US and place itself among the compliant and innovative members of the stablecoin market.
