Tether hires Trump’s top crypto official Bo Hines to help lead U.S. stablecoin expansion

The most closely watched hiring contest in crypto has a winner. Former senior White House official Bo Hines, whose departure this month led to a flurry of private sector job offers, is joining the stablecoin firm Tether to help lead the company’s expansion into the U.S., a spokesperson confirmed.

Tether, whose headquarters is in El Salvador, is the world’s biggest stablecoin issuer, and its flagship USDT currently boasts a market cap of roughly $167 billion.

Hines joined the Trump administration in January with the task of enacting President Trump’s ambitious crypto agenda, serving as the executive director of the President’s Council of Advisers on Digital Assets. After less than seven months in the position, Hines…

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