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Benzinga
Benzinga
Business
Ivan Crnogatić

Tether To Launch US-Regulated USAT Stablecoin, Ex-White House Exec Bo Hines Appointed CEO

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Tether is launching USA₮, a U.S.-regulated stablecoin designed to comply with the GENIUS Act, the stablecoin issuer announced in a press release on Friday.

What Happened: The world’s largest stablecoin issuer unveiled USA₮ alongside the appointment of Bo Hines, former executive director of the White House Crypto Council, as CEO of the new U.S. entity.

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