Tether Taps Trump’s Ex-Crypto Council Chief for US Stablecoin Push | US Crypto News
Welcome to the US Crypto Information Morning Briefing—your important rundown of an important developments in crypto for the day forward.
Seize a espresso as a result of as crypto giants jostle for affect, Tether simply made a daring transfer that would reshape its position within the US market and past.
Crypto Information of the Day: Bo Hines To Be part of Tether’s US Stablecoin Push
Tether, the world’s largest stablecoin issuer, has made a decisive transfer towards the US. The agency employed Bo Hines, the previous White Home Crypto Council govt director.
The appointment displays the corporate’s intent to construct political capital and a regulatory foothold within the globally aggressive stablecoin market as indicated in a current US Crypto News publication.
The corporate confirmed that Hines lately stepped down from his crypto council director role and can function Tether’s Strategic Advisor for Digital Belongings and US Technique.
Within the new position, Hines’ mandate is to assist Tether navigate Washington, coordinate its growth, and place the agency on the middle of America’s digital asset coverage debates.
“Bo has demonstrated unimaginable management inside the US Administration, the place he was instrumental in advancing initiatives to foster innovation in digital belongings…On behalf of the corporate, we’re all thrilled at his choice to hitch our group…Welcome Bo,” Tether CEO Paolo Ardoino shared on X.
Based on the Tether govt, Hines’ deep understanding of the legislative course of makes him an asset amid its foray into the US market.
From White Home Coverage to Non-public-Sector Technique
In the meantime, Bo Hines brings a uncommon mix of presidency expertise, authorized coaching, and business credibility.
Whereas in Washington, he labored alongside Trump’s AI & Crypto Czar David Sacks to advance initiatives geared toward creating stablecoin guardrails and selling innovation in blockchain finance.
He additionally spearheaded interagency working teams on client safety and accountable integration of rising applied sciences into the US monetary system.
“Throughout my time in public service, I witnessed firsthand the transformative potential of stablecoins to modernize funds and enhance monetary inclusion. I’m thrilled to hitch Tether at such a pivotal second, serving to to ship an ecosystem of merchandise that can set the usual for stability, compliance, and innovation within the US market,” read an excerpt in Tether’s announcement, citing Hines.
The transfer comes as Tether doubles its US presence, reinforcing its home credibility after reinvesting practically $5 billion into American infrastructure and expertise ecosystems.
The corporate’s hiring of Hines goes past accelerating that momentum. It alerts to lawmakers that Tether intends to function with transparency and long-term dedication.
Whereas Tether consolidates its US technique with heavyweight hires and investments, its European story is much less clear-cut. The European Union’s new MiCA (Markets in Crypto-Assets) framework has raised questions on how world stablecoin giants will comply.
Ardoino has publicly struck a tricky stance on MiCA, warning that some provisions might undermine innovation. He additionally reaffirmed that Tether wouldn’t compromise its operational rules.
When MiCA turns into safer for customers and stablecoin issuers, then we would rethink.
— Paolo Ardoino
(@paoloardoino) July 23, 2025
Europe stays a pink line for Tether, in contrast to within the US, the place Tether is visibly flexing its political and monetary muscle. It additionally means that the stablecoin issuer may not abandon its US market ambitions.
The hiring of Hines alerts that Tether is now not content material with working on the periphery of US coverage debates. By embedding itself straight into the nation’s political equipment, the corporate is betting that its scale and affect will give it a bonus over rivals like Circle.
Charts of the Day
Byte-Sized Alpha
Right here’s a abstract of extra US crypto information to observe at the moment:
- Robinhood brings AI market insights to the UK — A prelude to crypto disruption?
- Backlash erupts as Saylor’s MicroStrategy heightens Bitcoin volatility exposure.
- TeraWulf stock soars as Google stake will increase to 14%.
- SEI positions for takeoff: Monaco launch and ETF filing gasoline investor optimism.
- SEC pushes back decision on seven crypto ETFs to October 2025.
- Bitcoin displays signs of bottoming earlier than its subsequent bull transfer.
- Pi Network’s struggles loom over Pi Hackathon 2025 amid group frustrations.
- What $950 million XRP being moved off exchanges imply for the Ripple value?
- Why is Bitcoin treasury gaining popularity in Asia?
Crypto Equities Pre-Market Overview
| Firm | On the Shut of August 18 | Pre-Market Overview |
| Technique (MSTR) | $363.60 | $361.17 (-0.67%) |
| Coinbase International (COIN) | $320.73 | $321.00 (+0.084%) |
| Galaxy Digital Holdings (GLXY) | $26.79 | $26.65 (-0.52%) |
| MARA Holdings (MARA) | $16.09 | $16.06 (-0.19%) |
| Riot Platforms (RIOT) | $12.32 | $12.34 (+0.16%) |
| Core Scientific (CORZ) | $14.53 | $14.54 (+0.069%) |
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