The appointment of Hines signals a renewed focus on entering US markets and more investments in “domestic infrastructure,” said Tether CEO Paolo Ardoino.
Stablecoin giant Tether hired former White House Crypto Council Executive Director Bo Hines as its new strategic advisor for digital assets and US strategy, signaling a push to expand in the world’s largest economy.
Tether, the issuer of the USDt (USDT) stablecoin, appointed Hines to directly engage and coordinate the company’s US strategy and expansion as part of its core focus with immediate effect, according to a Tuesday announcement shared with Cointelegraph.
Hines previously served in President Donald Trump’s administration, where he worked on initiatives to foster digital asset innovation, set guardrails for stablecoin issuers and develop collaboration between government and the blockchain industry.
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