Stablecoin leader Tether has appointed Bo Hines, a former White House Crypto Council executive director, as its new strategic advisor for digital assets and U.S. expansion, marking a significant step toward establishing a stronger presence in the world’s largest economy.
Announced on Tuesday, Hines will oversee Tether’s American strategy with immediate effect, coordinating directly with company leadership to build ties with policymakers and industry players. His mandate includes shaping the firm’s U.S. market entry plans and guiding its push to launch a domestically issued, dollar-backed stablecoin as early as late 2025 or early 2026, subject to legislative progress.
Dream team. pic.twitter.com/2rw0Yhxox1
— Bo Hines (@BoHines) July 31, 2025
Hines brings government experience to the role, having served in Donald Trump’s administration, where he worked on digital asset policies, stablecoin frameworks, and public-private blockchain initiatives. His familiarity with the legislative process is expected to bolster Tether’s efforts to navigate the U.S. regulatory landscape.
“Tether enters the biggest market in the world,”
said CEO Paolo Ardoino.
“Bo’s appointment demonstrates our commitment to building a strong U.S.-based presence that spans across multiple sectors, starting with digital assets and expanding to new opportunities, including a deep focus on potential further investments in domestic infrastructure.”
The stablecoin issuer has already funneled nearly $5 billion into the American economy through Tether Investments. In recent months, the company backed a $775 million strategic investment in video platform Rumble and a $100 million injection into Latin American agribusiness giant Adecoagro—its first move into agriculture and food production.
Hines said he was “thrilled” to join at such a pivotal time, noting that his goal is to help create financial tools that empower U.S. consumers while expanding the role of stablecoins in modernizing payments and boosting financial inclusion.
Notably, In a fresh demonstration of dominance in the stablecoin market, Tether released its financials for Q1 2025, revealing a massive $1 billion operating profit and nearly $120 billion in exposure to U.S. Treasurys.
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