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Tether launches a new stablecoin and appoints Bo Hines as CEO of US operations.
According to ChainCatcher news and Jin10 reports, Tether, the world's largest stablecoin issuer, has launched a new Token for American businesses and institutions. At the same time, the company has appointed Bo Hines, the former head of the White House cryptocurrency advisory team, as the Chief Executive Officer (CEO) for its U.S. operations. This series of measures highlights Tether's commitment to cooperating with regulators and officially entering the U.S. market after years of regulatory scrutiny.