Tether has appointed Bo Hines as its Strategic Advisor for Digital Assets and U.S. Strategy. The move follows President Trump’s signing of the GENIUS Act, the first federal crypto law. Tether aims to solidify its presence in the world’s largest financial market.
Hines previously served as Executive Director of the White House Crypto Council under President Trump. His new role at Tether will focus on guiding U.S. entry.
According to Tether’s press release, Hines will work with leadership to shape and execute the U.S. strategy. His responsibilities include cultivating constructive relationships with policymakers, regulators, and industry stakeholders. These efforts are designed to help Tether build legitimacy in the world’s largest financial market.
White House experience strengthens Tether’s Bid
At the White House, Hines played a pivotal role in shaping policy. He advanced innovation-driven frameworks while ensuring consumer protection.
Tether’s CEO Paolo Ardoino praised the appointment as a monumental step. He called it a “once in a century” move that demonstrates Tether’s long-term vision. Ardoino stressed that Hines’ legislative knowledge will be critical as the company invests in U.S. infrastructure and deepens institutional partnerships across industries.
Despite the positive reception, Hines’ appointment raises questions. Tether has a history of regulatory battles, including a settlement with the New York Attorney General in 2021. Critics argue the company’s offshore structure complicates compliance. Some remain skeptical about Tether’s ability to satisfy new U.S. regulatory demands.
GENIUS Act brings opportunities and challenges
The GENIUS Act, signed into law last month, provides a framework for stablecoin issuers. It sets clear rules for companies like Tether, Circle, and Ripple. The law represents both an opportunity and a challenge as it adapts to U.S. regulatory standards.
Hines mentioned that he joined Tether because of its potential to lead compliance efforts. He underlined the role of stablecoins in modernizing payments and bringing financial inclusion. Hines said that Tether can make the products that are the standard for innovation, stability, and regulatory trust in the U.S. market.
Tether has made nearly $5 billion in investments in the U.S. economy. Ardoino pointed out a plan for a dual-track approach. Tether will consider the possibility of issuing a U.S.-specific stablecoin while making sure that USDT remains compliant through the GENIUS Act’s foreign issuer framework. This move portrays flexibility and the potential for further development.
The hiring of Hines indicates that Tether is anticipating more rigorous supervision. It is a sign that the company is committed to adhering to U.S. laws, while at the same time, helping to build the domestic crypto ecosystem. Tether’s reliance on regulatory experience is a strong indication of its intentions to manage compliance while maintaining its expansion in the US market, which is highly competitive.
