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Tether Unveils USA₮, Brings in Ex-Trump Adviser as CEO


by Rhod Tipay
for BlockNews
Tether Unveils USA₮, Brings in Ex-Trump Adviser as CEO
  • Tether is launching a U.S.-regulated stablecoin called USA₮, led by ex-Trump crypto adviser Bo Hines as CEO.
  • The token will comply with the new GENIUS stablecoin bill and use Tether’s Hadron platform for real-world asset tokenization.
  • Stablecoins are becoming a geopolitical flashpoint, with the U.S., Hong Kong, and Russia all framing them as tools of monetary power.

Tether is taking a bold step into U.S.-regulated waters with the launch of its new dollar-backed stablecoin, USA₮. And leading the charge? None other than Bo Hines, a former White House crypto adviser who stepped down in August, now sliding into the CEO role for this high-stakes project.

The token will run under the compliance framework of the newly minted GENIUS stablecoin bill and tap into Tether’s Hadron platform for real-world asset tokenization. The move signals Tether’s attempt to balance its dominance in global stablecoin markets with a product built to fit neatly inside U.S. regulatory lines.

Tether’s CEO Paolo Ardoino didn’t hold back on the announcement:

“Tether is already one of the largest holders of U.S. Treasuries because we believe in the enduring power of the dollar. USA₮ is our commitment to ensuring the dollar not only survives in the digital age—but thrives.”

With stablecoins surpassing $270 billion in circulation, this launch could mark the next phase of competition between global issuers and governments eyeing digital rails for the dollar.


Bo Hines Joins the Stablecoin Race

Hines’ move into Tether isn’t just another executive shuffle—it’s political theater too. After leaving the White House Crypto Council in August, Hines is back in the private sector, but not quietly. His timing came right after the release of Washington’s “Strengthening American Leadership in Digital Financial Technology” report, which laid out a vision for U.S. dominance in the stablecoin and payments arena.

The U.S. Treasury has been clear: stablecoins could be a weapon of monetary policy, keeping the dollar at the center of global finance. Treasury Secretary Scott Bessent even described them as a tool to maintain dollar hegemony by extending the greenback’s reach digitally. That’s the backdrop Hines steps into—politics, markets, and international rivalries all colliding inside the stablecoin boom.


Global Ripple Effects

The stablecoin game isn’t just U.S.-centric. Hong Kong is rolling out its own frameworks, luring banks to test yuan-backed tokens. Russia, meanwhile, has already accused the U.S. of using stablecoins as a tool to undermine its debt. And in Asia, countries like Japan, India, and China are actively debating their own rules, from tax changes to outright government-backed launches.

All this adds up to one thing: stablecoins are no longer a side plot in the crypto world—they’ve become a geopolitical flashpoint. With USA₮, Tether is planting a flag in that fight, and putting Bo Hines at the helm shows they’re not afraid of making it political.

The post Tether Unveils USA₮, Brings in Ex-Trump Adviser as CEO first appeared on BlockNews.

Read the article at BlockNews

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Tether Unveils USA₮, Brings in Ex-Trump Adviser as CEO


by Rhod Tipay
for BlockNews
Tether Unveils USA₮, Brings in Ex-Trump Adviser as CEO
  • Tether is launching a U.S.-regulated stablecoin called USA₮, led by ex-Trump crypto adviser Bo Hines as CEO.
  • The token will comply with the new GENIUS stablecoin bill and use Tether’s Hadron platform for real-world asset tokenization.
  • Stablecoins are becoming a geopolitical flashpoint, with the U.S., Hong Kong, and Russia all framing them as tools of monetary power.

Tether is taking a bold step into U.S.-regulated waters with the launch of its new dollar-backed stablecoin, USA₮. And leading the charge? None other than Bo Hines, a former White House crypto adviser who stepped down in August, now sliding into the CEO role for this high-stakes project.

The token will run under the compliance framework of the newly minted GENIUS stablecoin bill and tap into Tether’s Hadron platform for real-world asset tokenization. The move signals Tether’s attempt to balance its dominance in global stablecoin markets with a product built to fit neatly inside U.S. regulatory lines.

Tether’s CEO Paolo Ardoino didn’t hold back on the announcement:

“Tether is already one of the largest holders of U.S. Treasuries because we believe in the enduring power of the dollar. USA₮ is our commitment to ensuring the dollar not only survives in the digital age—but thrives.”

With stablecoins surpassing $270 billion in circulation, this launch could mark the next phase of competition between global issuers and governments eyeing digital rails for the dollar.


Bo Hines Joins the Stablecoin Race

Hines’ move into Tether isn’t just another executive shuffle—it’s political theater too. After leaving the White House Crypto Council in August, Hines is back in the private sector, but not quietly. His timing came right after the release of Washington’s “Strengthening American Leadership in Digital Financial Technology” report, which laid out a vision for U.S. dominance in the stablecoin and payments arena.

The U.S. Treasury has been clear: stablecoins could be a weapon of monetary policy, keeping the dollar at the center of global finance. Treasury Secretary Scott Bessent even described them as a tool to maintain dollar hegemony by extending the greenback’s reach digitally. That’s the backdrop Hines steps into—politics, markets, and international rivalries all colliding inside the stablecoin boom.


Global Ripple Effects

The stablecoin game isn’t just U.S.-centric. Hong Kong is rolling out its own frameworks, luring banks to test yuan-backed tokens. Russia, meanwhile, has already accused the U.S. of using stablecoins as a tool to undermine its debt. And in Asia, countries like Japan, India, and China are actively debating their own rules, from tax changes to outright government-backed launches.

All this adds up to one thing: stablecoins are no longer a side plot in the crypto world—they’ve become a geopolitical flashpoint. With USA₮, Tether is planting a flag in that fight, and putting Bo Hines at the helm shows they’re not afraid of making it political.

The post Tether Unveils USA₮, Brings in Ex-Trump Adviser as CEO first appeared on BlockNews.

Read the article at BlockNews

Read More

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