Crypto: Tether's new stablecoin entrusted to Bo Hines, former advisor to Trump
16:10 ▪ 4 min read
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Stablecoins
The cryptocurrency sector continues to surprise. Tether, already known for its stablecoin USDT, has just announced the launch of a new player: the USAT. This dollar-backed stablecoin aims for compliance with U.S. regulations and strengthens the digital influence of the dollar. But the real surprise comes from its leadership: Bo Hines, former crypto advisor, now leads this key strategic project.
In summary
Tether launches the USAT, a dollar-backed stablecoin compliant with the new U.S. rules.
The former White House advisor, Bo Hines, takes the helm of the strategic project.
The USAT emerges as a monetary power instrument in a global rivalry over stablecoins.
A crypto stablecoin designed for monetary power.
Tether has not simply added a new variant to its range. With the USAT, it is a true financial tool at the service of U.S. power. In accordance with the demands of the GENIUS bill and backed by Tether's Hadron platform, the USAT aims to respond to regulatory expectations while strengthening the solidity of its reserves.
Paolo Ardoino, CEO of Tether, notes that the company is among the top holders of U.S. Treasury bonds. A statement full of meaning: more than a stablecoin, the USAT embodies a shift in the digital dominance of the dollar. In a market that already exceeds $270 billion, every move counts.
By choosing this direction, Tether highlights a strategy where technological innovation and monetary stability come together to shape the foundations of tomorrow's financial infrastructures.
$USDT
