Tether, the issuer of the world’s largest stablecoin, USDT, said on 19 Aug. 2025 that it has hired Bo Hines as Strategic Advisor for Digital Assets and U.S. Strategy. Hines will coordinate the company’s push into the American market and manage its engagement with lawmakers and regulators as Tether seeks formal entry under new federal rules for stablecoins. Hines, 29, was executive director of the White House Crypto Council under President Donald Trump until his resignation earlier this month. In that role he helped shepherd the GENIUS Act, the first nationwide framework for issuing stablecoins, through Congress and into law. Tether’s appointment of a senior policy insider signals a bid to align its operations with the fresh legislation and fend off domestic competitors. USDT carries a market capitalisation of roughly $167 billion and is backed by about $127 billion in U.S. Treasuries; the company says it has already reinvested nearly $5 billion in U.S. projects and is considering a dollar-pegged token dedicated to local users. Chief Executive Paolo Ardoino said Hines’s legislative experience will be “invaluable” as the firm deepens its U.S. footprint.