Sources detail how Commerce Secretary Howard Lutnick and crypto adviser Bo Hines worked to shape the GENIUS Act and loosen safeguards to benefit Tether
It was billed as cryptocurrency's big moment, President Donald Trump's first legislative victory in his drive to make the US the “crypto capital of the world.”
Tether launches the US-regulated USAT stablecoin and names Bo Hines, the former Executive Director of the White House Crypto Council, as CEO of its new US unit
from a misunderstood/opaque offshore stablecoin to a $169B market leader, now pioneering financial innovation in the U.S. Excited for the Tether America launch event. [image] @cowboycrypto313 : Cantor...
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.