Bo Hines Named CEO as Tether Launches US-Backed Stablecoin USAT
Tether announced the launch of USAT, a new dollar-backed stablecoin, with ex-Trump adviser Bo Hines appointed as CEO. The stablecoin aims to meet US regulatory standards and will utilize Tether’s Hadron platform, reflecting ongoing US and global interest in stablecoins as tools for maintaining dollar dominance and financial stability. Hines's return to the private sector coincides with increased regulatory focus on stablecoins worldwide.
