On Aug. 19, Tether, the leading stablecoin company, announced the appointment of Bo Hines, former executive director of the President’s Council of Advisers on Digital Assets, as the crypto firm's strategic advisor for digital assets and U.S. strategy.

Tether hires former Trump crypto official Bo Hines as strategic advisor just two weeks after his resignation, in a major step towards US expansion. Bo Hines brings policy expertise and regulatory experience from his role as Executive Director of the White House Crypto Council.