Tether Launches US Stablecoin USAT with Former White House Crypto Advisor as CEO
The post Tether Launches US Stablecoin USAT with Former White House Crypto Advisor as CEO appeared on BitcoinEthereumNews.com.
Tether announced Friday the launch of USAT, a new US-regulated stablecoin designed for American businesses and institutions. The company appointed Bo Hines, who previously led the White House’s crypto advisory group, as CEO of its US division. The announcement marks Tether’s biggest push into the American market after years of operating mainly overseas. The world’s largest stablecoin issuer revealed these plans at a press conference in New York on September 12, 2025. Bo Hines Takes the Helm Bo Hines brings significant government experience to his new role. He served as Executive Director of the Presidential Council of Advisers for Digital Assets under President Trump from January to August 2025. Before that, Hines worked as Tether’s Strategic Advisor starting in August 2025. Source: @Tether_to The 29-year-old North Carolina native graduated from Yale University in 2018 with a political science degree and earned his law degree from Wake Forest University in 2022. He also played college football at both NC State and Yale, making the Freshman All-American team at NC State in 2014. Hines ran for Congress twice but lost both times. His political background and crypto policy experience made him an attractive choice for Tether’s US expansion. “We want people to know that Tether is here to participate in the U.S. economy in a huge way,” Hines said at the announcement. He predicted “exorbitant” growth over the next 12 to 24 months. USAT: Built for US Compliance USAT will operate under the GENIUS Act, the new federal law that creates the first comprehensive regulatory framework for stablecoins in America. This law requires 100% reserve backing with US dollars or short-term Treasury bonds. Source: @USAT_io The new stablecoin differs from Tether’s main product, USDT, which serves global markets. USAT targets US businesses and institutions that need to follow American financial rules. Tether…
Filed under: News - @ September 13, 2025 9:18 am