Tether names ex-White House crypto chief Bo Hines as U.S. strategy advisor

Stablecoin giant Tether has recruited a seasoned Washington figure as it looks to strengthen its foothold in the United States during President Donald Trump’s crypto-friendly administration.

The company has appointed Bo Hines, the former executive director of the White House Crypto Council, as its Strategic Advisor for Digital Assets and U.S. Strategy. The move reflects Tether’s renewed push into American policy-making circles. Hines, a onetime standout college football player, Republican congressional candidate, and Yale-educated lawyer, was brought on in December 2024 to help shape U.S. crypto policy under Trump’s leadership.

During his tenure as head of the Digital Assets Council, Hines played a central role in advancing the GENIUS Act, which established a federal regulatory framework for stablecoins. He also organized a landmark summit that convened senior industry leaders with government officials. According to The Block, Hines resigned from his White House position in early August after seven months, before transitioning back to the private sector.

For years, Tether has operated at the margins of U.S. regulatory oversight. By bringing Hines on board, the firm now gains a direct connection to policymakers in Washington while reinforcing its ambition to roll out an institutional-grade, U.S.-compliant stablecoin in line with the GENIUS Act.

Tether’s CEO, Paolo Ardoino, emphasized that the company’s American plans are already “well underway.” He added that Hines’s background could be pivotal in execution: “His strong grasp of the legislative process, combined with his commitment to advancing blockchain adoption in practice, makes him an invaluable addition as Tether expands into the world’s largest market.”

Currently, Tether issues the largest stablecoin in the crypto sector, USDT, which boasts a circulating supply exceeding $166 billion.