Tether, the issuer of the world’s largest stablecoin, has appointed Bo Hines, a former White House director of political affairs, as a senior advisor. The move adds another politically seasoned figure to the company’s growing roster of advisers, signalling Tether’s intention to deepen its influence in U.S. regulatory and policy circles.
Hines served as special assistant to the president and White House director of political affairs under the Trump administration. He also ran as a Republican congressional candidate in North Carolina in 2022, though unsuccessful. His new role at Tether is expected to focus on strengthening the company’s relationships with policymakers and regulators in Washington.
The appointment comes at a time when Tether faces heightened scrutiny in the United States. Lawmakers and regulators have been increasingly critical of stablecoins, citing concerns about financial stability, transparency, and systemic risk. By bringing in Hines, Tether appears to be sharpening its political strategy and bolstering its ability to navigate complex regulatory debates.
Although Hines is not the first political figure to join Tether, his presence underscores the company’s growing emphasis on establishing a strong foothold in U.S. policy circles. Earlier this year, Tether added other advisers with political and regulatory backgrounds, further demonstrating its intent to be a key voice in the stablecoin conversation.
The decision also reflects a wider trend across the crypto sector, where companies are actively seeking advisers with government experience to manage the delicate balance between innovation and regulation. For Tether, which issues the most widely used stablecoin in global crypto markets, cultivating strong ties with U.S. policymakers may prove essential as discussions over stablecoin legislation and central bank digital currencies continue to evolve.
Tether’s strategy of expanding its advisory board with figures like Bo Hines signals that the stablecoin giant is preparing not only for regulatory challenges but also for a more permanent place in the financial landscape of the United States.
