Tether is known as the world's largest stablecoin issuer. Recently, Tether announced USA₮, a proposed U.S.-regulated, dollar-backed stablecoin, and appointed former White House aide Bo Hines to be its future CEO. This move makes a strong statement regarding Tether's priority of transparency, governance, and U.S. regulatory attention from the get-go. USA₮ will be designed to qualify for the GENIUS Act, the new United States law for stablecoins. This regulation provides a robust framework within which the ...

Tether, the company behind the world’s most widely used stablecoin, has announced plans to launch USA₮, a U.S.-regulated, dollar-backed token to strengthen the role of the U.S. dollar in digital markets. Alongside the unveiling, Tether named Bo Hines, the former Executive Director of the White House Crypto Council, as the incoming CEO of Tether USA₮. The move shows what Tether calls the “next chapter” in its strategy, combining compliance, transparency, and American leadership. USA₮ will be designed to ...