Cryptocurrency firm Tether announced Tuesday it has hired former White House crypto policy executive Bo Hines as a strategic adviser to help guide its expansion in the United States.
In his new role, Hines will advise on digital assets and U.S. market strategy, and he’ll engage with policymakers and industry groups to strengthen the firm’s presence in the world’s largest economy.
“His deep understanding of the legislative process, combined with his passion for practical blockchain adoption, makes him an invaluable asset as Tether enters the biggest market in the world,” said Tether CEO Paolo Ardoino.
GENIUS Act
Hines, who most recently served as executive director of the Presidential Council of Advisers for Digital Assets, supported the passage of the GENIUS Act, a stablecoin regulatory framework, and helped shape broader crypto regulation.
He stepped down from his White House role in August to return to the private sector.
“During my time in public service, I witnessed firsthand the transformative potential of stablecoins to modernize payments and increase financial inclusion,” Hines said.
Stablecoins, which are digital tokens tied to assets such as the U.S. dollar, are experiencing a surge in investor demand as clearer regulation paves the way for wider adoption.
