Tether Hires Former White House Crypto Director to Supercharge US Stablecoin Race

Mar

Tether is escalating its U.S. expansion with a high-profile hire from the Trump administration, signaling a bold push to influence stablecoin policy and dominate digital assets.

Trump’s Crypto Strategist Joins Tether in Bold Move to Lead US Stablecoin Shift

Tether announced on Aug. 19 that Bo Hines has been appointed as Strategic Advisor for Digital Assets and U.S. Strategy, a move that signals the company’s growing focus on its American operations. Hines, who most recently served as executive director of the White House Crypto Council under President Donald Trump, will immediately take on the role of coordinating Tether’s U.S. policy engagement and market expansion. Tether’s chief executive officer, Paolo Ardoino, amplified the announcement on social media platform X, posting:

Tether hires Trump’s top crypto official Bo Hines to help lead U.S. stablecoin expansion.

The company highlighted Hines’ experience in shaping digital asset policy and building cross-sector collaboration during his time in government. While at the White House, he worked on establishing regulatory guardrails for stablecoin issuers, developing blockchain innovation initiatives, and leading interagency groups focused on consumer protection and financial stability. Ardoino underscored the company’s strategic priorities in a statement: “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.”

Hines expressed optimism about the role and the broader potential of stablecoins:

During my time in public service, I witnessed firsthand the transformative potential of stablecoins to modernize payments and increase financial inclusion.

He indicated that his goal is to help build a compliant and innovative ecosystem that benefits U.S. consumers and supports financial modernization. While policymakers remain divided on the risks and oversight of stablecoins, advocates argue that their adoption could streamline payments and broaden access to financial tools. Tether’s recruitment of Hines highlights its strategy to blend policy expertise with aggressive investment in the U.S. market.