12 September 2025

Tether names Bo Hines, the former Executive Director of the White House Crypto Council, as the CEO of its new US unit and launches USAT stablecoin (Daniel Kuhn/The Block)

Daniel Kuhn / The Block:
Tether names Bo Hines, the former Executive Director of the White House Crypto Council, as the CEO of its new US unit and launches USAT stablecoin  —  - USAT is designed to be a U.S.-regulated, dollar-backed stablecoin and a complement to USDT, which has about $169 billion in circulation.

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