Tether Head of Government Affairs Jesse Spiro has been appointed chair of Fellowship PAC, a political action committee that has reportedly raised over $100 million ahead of its first endorsements for the 2026 U.S. midterm elections.

This move highlights the growing involvement of crypto industry figures in the political landscape, particularly in shaping policy and regulatory direction in the United States.

With significant funding already secured, Fellowship PAC is expected to play a key role in supporting candidates aligned with technological innovation, including digital assets.

The involvement of a Tether executive also signals that the stablecoin sector is becoming more active in engaging with policymakers.

In conclusion, this development reflects the deepening connection between crypto and politics, which could influence future regulatory frameworks.$BTC $ETH