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Tether Taps Trump’s Ex-Crypto Council Chief for US Stablecoin Push | US Crypto News

Tether Taps Trump’s Ex-Crypto Council Chief for US Stablecoin Push | US Crypto News

Author:
Beincrypto
Published:
2025-08-19 12:39:51
16
1

Tether just made its biggest power play yet—hiring the former head of Trump's crypto advisory council to lead its US stablecoin expansion.

The Strategic Gambit

Bringing in Washington insiders signals Tether's serious about dominating the US market. They're not just playing defense anymore—they're going straight for regulatory acceptance.

The Regulatory Endgame

This move bypasses traditional lobbying routes entirely. Instead of begging for permission, they're installing people who wrote the rulebook. Classic crypto maneuver—build the relationships first, ask questions later.

Because nothing says 'legitimate financial innovation' like hiring the politicians who used to regulate you. The revolving door spins faster in crypto than a degenerate's trading portfolio.

Crypto News of the Day: Bo Hines To Join Tether’s US Stablecoin Push

Tether, 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

— Tether (@Tether_to) August 19, 2025

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 Strategy

Meanwhile, 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, 2025

While 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

🤖

(@paoloardoino) July 23, 2025

Europe remains a red line for Tether, unlike in the US, where Tether is visibly flexing its political and financial muscle. It also suggests that the stablecoin issuer may not abandon its US market ambitions.

The hiring of Hines signals that Tether is no longer content with operating on the periphery of US policy debates. By embedding itself directly into the nation’s political machinery, the company is betting that its scale and influence will give it an advantage over rivals like Circle.

Charts of the Day

Stablecoin Market Cap

Stablecoin Market Cap. Source: DefiLlama

Stablecoin Issuers by Market Cap

Stablecoin Issuers by Market Cap. Source: DefiLlama

Byte-Sized Alpha

Here’s a summary of more US crypto news to follow today:

  • Robinhood brings AI market insights to the UK — A prelude to crypto disruption?
  • Backlash erupts as Saylor’s MicroStrategy heightens Bitcoin volatility exposure.
  • TeraWulf stock soars as Google stake increases to 14%.
  • SEI positions for takeoff: Monaco launch and ETF filing fuel investor optimism.
  • SEC pushes back decision on seven crypto ETFs to October 2025.
  • Bitcoin displays signs of bottoming before its next bull move.
  • Pi Network’s struggles loom over Pi Hackathon 2025 amid community frustrations.
  • What $950 million XRP being moved off exchanges mean for the Ripple price?
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Crypto Equities Pre-Market Overview

CompanyAt the Close of August 18Pre-Market Overview
Strategy (MSTR)$363.60$361.17 (-0.67%)
Coinbase Global (COIN)$320.73$321.00 (+0.084%)
Galaxy Digital Holdings (GLXY)$26.79$26.65 (-0.52%)
MARA Holdings (MARA)$16.09$16.06 (-0.19%)
Riot Platforms (RIOT)$12.32$12.34 (+0.16%)
Core Scientific (CORZ)$14.53$14.54 (+0.069%)
Crypto equities market open race: Google Finance

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