Tether Brings On Ex-White House Crypto Director Bo Hines to Drive U.S. Expansion

Tether, the world’s largest stablecoin issuer, has appointed Bo Hines—former Executive Director of the White House Crypto Council—as its new strategic advisor for digital assets and U.S. strategy, Fortune Crypto reported. The move underscores Tether’s push to expand its U.S. presence while signaling renewed investment into domestic infrastructure.
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Bo Hines previously served in the Trump administration, where he focused on fostering digital asset innovation, shaping early guardrails for stablecoin issuers, and building dialogue between government agencies and blockchain leaders. His background in navigating U.S. legislative processes positions him as a bridge between Washington policymakers and Tether’s global operations.

Strategy and U.S. Market Entry

As strategic advisor, Bo will work directly with Tether’s leadership to coordinate the company’s U.S. market expansion. His mandate includes cultivating “constructive relationships” with regulators, lawmakers, and industry stakeholders as Tether seeks a stronger foothold in the American digital asset sector.
Tether CEO Paolo Ardoino emphasized the significance of the hire, noting Bo's “deep understanding of the legislative process” and passion for practical blockchain adoption.
According to Paolo, the appointment demonstrates Tether’s commitment to building a U.S.-based presence that extends beyond stablecoins, with future investments likely targeting infrastructure and other sectors critical to the domestic economy.

Strategic U.S. Push: Lobbying and Investments

Bo's appointment follows other aggressive moves by Tether to build influence in the U.S.:

The company invested $775 million in Rumble, a video-streaming platform tied to former President Donald Trump’s publicly traded company, Trump Media & Technology Group.
Tether has also hired Jeff Miller, a prominent Washington lobbyist with deep ties to the Republican Party.

These actions underscore Tether’s intention to align itself with political power centers in the U.S., particularly within Republican circles, as it seeks regulatory clarity and market access.

Market Scale and Economic Footprint

Headquartered in El Salvador, Tether remains the dominant global stablecoin issuer. Its flagship token, USDT, currently holds a market cap of roughly $167 billion, making it the largest stablecoin in circulation by far.
Beyond crypto markets, Tether has already invested close to $5 billion into the U.S. economy through Tether Investments, spanning sectors from energy to technology infrastructure.
With Bo leading U.S. strategy, the company aims to double down on domestic economic commitments while positioning USDT as a cornerstone for digital payments, remittances, and tokenized finance in the American market.

Why It Matters

The appointment of a former White House crypto director marks a strategic shift for Tether, which has historically faced scrutiny in the United States over transparency and reserves. By tapping Bo, Tether is betting on policy engagement and infrastructure investment as key levers to secure legitimacy and influence in Washington.