Tether, the issuer of the largest stablecoin USDT, has appointed Bo Hines as a strategic advisor for its U.S. strategy. Hines, who previously served as the executive director of the White House Crypto Council under President Donald Trump, will focus on policy engagement and guiding Tether's entry into the American market. Tether's plans come as they aim to comply with new federal laws for stablecoins under the GENIUS Act. Hines highlighted the potential of stablecoins to modernize payments and enhance financial inclusion, expressing excitement about joining Tether at this crucial juncture. Tether CEO Paolo Ardoino stated that Hines's legislative expertise and understanding of blockchain's practical applications would be essential for the company as it aims to expand in the U.S., the world's largest financial market. The company intends to cultivate relationships with policymakers and key industry figures as part of its strategy.

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