Tether Hires Bo Hines as Strategic Advisor for U.S. Expansion
Tether has appointed Bo Hines as a strategic advisor for digital assets and U.S. expansion. This follows his resignation as Executive Director of the White House Crypto Council under the Trump administration.
Key details:
- Tether is the largest stablecoin issuer with a market cap of $167 billion.
- Hines aims to advance Tether's strategy in the U.S. market.
- The hiring aligns with Tether's priorities after the GENIUS stablecoin act was passed.
- Hines will work on U.S. market strategy and build relationships with policymakers.
- Tether has reinvested nearly $5 billion into the U.S. ecosystem.
- In Q2 2025, Tether reported a record profit of $4.9 billion and minted over $13.4 billion in new USDT tokens.
Hines stated he recognizes the potential of stablecoins to enhance payments and financial inclusion.