Tether, the issuer of the largest stablecoin, has named a CEO for its U.S. business and is launching a new token for U.S. institutions.

The moves underscore Tether's commitment to regulatory engagement and entry into the U.S. The company, once accused of being a criminal's "go-to cryptocurrency" has been rebranding itself as a partner to American lawmakers and law enforcement since pro-crypto President Donald Trump's return to the White House.

Bo Hines, who headed the Presidential Council of Advisors for Digital Assets, has been appointed CEO of Tether U.S., whose headquarters will be based in Charlotte, N.C.

The company is also launching a token called USAT, which will be regulated in the U.S. under the GENIUS Act. While USD Tether (USDT) serves global markets, the new toke

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