Tether Launches US Stablecoin USAT with Former White House Crypto Advisor as CEO
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…
