Bo Hines Shocks Crypto World: Jumps from Trump’s Task Force Straight to Tether in Bold Career Move

Political operative makes lightning-fast transition from government advisory role to crypto giant—raising eyebrows across both Washington and Wall Street.

The Revolving Door Spins Faster

Just days after exiting his position on former President Trump's cryptocurrency task force, Bo Hines lands at Tether. No cooling-off period, no regulatory pause—just pure digital asset momentum.

Timing Is Everything in Crypto

The move signals Tether's aggressive expansion into political influence operations. Because when you're backing the world's most controversial stablecoin, why not hire directly from political power circles?

Wall Street's watching this playbook unfold—another reminder that in crypto, regulatory capture isn't a bug, it's a feature. Traditional finance still writes memos while digital assets rewrite the rules.

Bo Hines to make Tether’s activities compatible with US crypto regulation

Hines will be immediately tasked with making Tether compatible with the current US market. Currently, Tether’s USDT is outside the main outlines of the GENIUS bill, which still focuses on fiat-backed stablecoins. USDT is still partially backed by fiat and mostly by US T-bills. For this reason, USDT may meet problems in highly regulated environments, including the USA and Europe. 

Hines will reach out to policy makers and stakeholders to lead the expansion of USDT and other assets by Tether. 

“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 U.S. market – one that will empower American consumers and help revolutionize our nation’s financial system,” said Hines.

Tether injected 50B USDT in 2025

Tether is among the top 15 holders of US Treasury debt, with over $120B in bonds. The company also has huge investments in the US crypto ecosystem. 

Tether usage is near an all-time high, with 50 billion new tokens minted on TRON and ethereum in 2025. The token started out at 117 billion in January, expanding to over 167 billion, with a huge concentration on TRON and Ethereum. 

USDT by time zone usage shows a prevalence of transactions in the Asia Pacific region and Europe. In the USA, direct dollar-based trading and USDC usage are displacing USDT. While not illegal, USDT usage shifted to decentralized markets, while some exchanges preferred the compliant USDC token.

If you're reading this, you’re already ahead. Stay there with our newsletter.