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White House's Ex-Crypto Lead Hired by Tether As Strategy Advisor - U.Today
Bo Hines, who has recently left the White House and his top crypto position in Donald Trump’s administration, has joined the largest stablecoin issuer, Tether, as a Strategy Advisor for Digital Assets and U.S. Expansion.
Tether’s chief executive officer, Paolo Ardoino, has confirmed this in a recent X post.
Tether lures Bo Hines from White House
Ardoino welcomed Bo Hines in the Tether team, stating that the latter had “demonstrated incredible leadership within the U.S. Administration, where he was instrumental in advancing initiatives to foster innovation in digital assets, develop clear guardrails for stablecoin issuers, and build collaborative relationships between government and the blockchain industry.”
Now, he will continue his career in the private sector. In the White House, he held the position of Executive Director of the Crypto Council. Now, he has joined Tether as a Strategy Advisor for Digital Assets and U.S. Expansion.
In today’s blog post, Ardoino wrote that Hines possesses a unique blend of “policy expertise, legal training, and private sector insights.” In the White House, his duties included advancing initiatives to develop innovation in digital assets, the creation of clear guardrails for companies that issue stablecoins, and building a bridge between the White House and the blockchain space.
Ardoino also stated that Hines’ appointment is an important step for Tether since it will help to reshape the future of the digital economy.