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Tether Brings In Trump’s Former Crypto Adviser Bo Hines as Strategic Guide

Key Takeaways

  • ​Tether appointed Bo Hines, Trump’s former crypto adviser, as strategic adviser to lead its US push in digital assets;
  • Hines will focus on market entry, policymaker outreach, and shaping Tether’s role in the US financial industry;
  • As ex-director of Trump’s digital asset council, Hines helped form stablecoin policies and a Bitcoin reserve plan.

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Tether Brings In Trump’s Former Crypto Adviser Bo Hines as Strategic Guide

Tether USDT $1.00 has added Bo Hines, a former crypto adviser under President Donald Trump, to its team as a strategic adviser.

His focus will be on digital assets and the company’s approach to the US market.

The company explained in a press release on August 19 that Hines will help guide its entry into the United States by working on both strategy and outreach. Part of his role will be to build relationships with policymakers and other industry players.

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Paolo Ardoino, the firm’s chief executive, noted that Hines brings knowledge of government processes and an interest in practical blockchain use. He said these qualities make Hines a valuable addition as Tether expands into what it calls the world’s largest market.

Hines served as the Executive Director of the President’s Council of Advisers on Digital Assets. In that position, the 29-year-old worked on policies for stablecoins and other digital assets, including a plan that aimed to create a Bitcoin BTC $113,147.21 reserve.

He said his government role gave him a clear view of how stablecoins could improve payments and widen access to financial services.

Commenting on his new role, Hines said:

I’m thrilled to join Tether at such a pivotal moment, helping to deliver an ecosystem of products that will set the standard for stability, compliance, and innovation in the US market.

On August 9, Hines announced that he stepped away from his position in the US government to return to private industry. What did he say? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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