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Fortune
Fortune
Leo Schwartz, Ben Weiss

Tether hires Trump’s top crypto official Bo Hines to help lead U.S. stablecoin expansion

(Credit: Al Drago—Getty Images)

The most closely watched hiring contest in crypto has a winner. Former senior White House official Bo Hines, whose departure this month led to a flurry of private sector job offers, is joining the stablecoin firm Tether to help lead the company’s expansion into the U.S., a spokesperson confirmed.

Tether, whose headquarters is in El Salvador, is the world’s biggest stablecoin issuer, and its flagship USDT currently boasts a market cap of roughly $167 billion.

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