Tether Taps Trump’s Ex-Crypto Council Chief for US Stablecoin Push | US Crypto News
Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.
Grab a coffee because as crypto giants jostle for influence, Tether just made a bold move that could reshape its role in the US market and beyond.
Crypto News of the Day: Bo Hines To Join Tether’s US Stablecoin PushTether, the world’s largest stablecoin issuer, has made a decisive move toward the US. The firm hired Bo Hines, the former White House Crypto Council executive director.
Tether Appoints Former White House Crypto Council Executive Director Bo Hines as Strategic Advisor for Digital Assets and U.S. Strategy
Read more: https://t.co/N4ZXMU5181
The appointment reflects the company’s intent to build political capital and a regulatory foothold in the globally competitive stablecoin market as indicated in a recent US Crypto News publication.
The company confirmed that Hines recently stepped down from his crypto council director role and will serve as Tether’s Strategic Advisor for Digital Assets and US Strategy.
In the new role, Hines’ mandate is to help Tether navigate Washington, coordinate its expansion, and position the firm at the center of America’s digital asset policy debates.
“Bo has demonstrated incredible leadership within the US Administration, where he was instrumental in advancing initiatives to foster innovation in digital assets…On behalf of the company, we are all thrilled at his decision to join our organization…Welcome Bo,” Tether CEO Paolo Ardoino shared on X.
According to the Tether executive, Hines’ deep understanding of the legislative process makes him an asset amid its foray into the US market.
From White House Policy to Private-Sector StrategyMeanwhile, Bo Hines brings a rare blend of government experience, legal training, and industry credibility.
Thank you @BoHines for doing an amazing job with the first ever Crypto Council. Huge accomplishments with the Crypto Summit, Genius Act, and Digital Assets Report. As you pursue your next chapter, I look forward to being able to draw on your expertise and advice. https://t.co/Sxw8lD5tWL
— David Sacks (@davidsacks47) August 9, 2025While in Washington, he worked alongside Trump’s AI & Crypto Czar David Sacks to advance initiatives aimed at creating stablecoin guardrails and promoting innovation in blockchain finance.
He also spearheaded interagency working groups on consumer protection and responsible integration of emerging technologies into the US financial system.
“During my time in public service, I witnessed firsthand the transformative potential of stablecoins to modernize payments and increase financial inclusion. I’m thrilled to join Tether at such a pivotal moment, helping to deliver an ecosystem of products that will set the standard for stability, compliance, and innovation in the US market,” read an excerpt in Tether’s announcement, citing Hines.
The move comes as Tether doubles its US presence, reinforcing its domestic credibility after reinvesting nearly $5 billion into American infrastructure and technology ecosystems.
The company’s hiring of Hines goes beyond accelerating that momentum. It signals to lawmakers that Tether intends to operate with transparency and long-term commitment.
While Tether consolidates its US strategy with heavyweight hires and investments, its European story is less clear-cut. The European Union’s new MiCA (Markets in Crypto-Assets) framework has raised questions about how global stablecoin giants will comply.
Ardoino has publicly struck a tough stance on MiCA, warning that some provisions could undermine innovation. He also reaffirmed that Tether would not compromise its operational principles.
When MiCA becomes safer for consumers and stablecoin issuers, then we might reconsider.
— Paolo Ardoino