Crypto company Tether, the creator of the world's largest stablecoin, plans to launch a U.S.-based stablecoin designed for U.S. residents called USAT, the company's CEO Paolo Ardoino said on Friday. Former White House official Bo Hines will be the CEO of the new venture, which aims to launch by the end

Tether will unveil its U.S.-regulated stablecoin dubbed USAT later in 2025 and has appointed Bo Hines as CEO

Tether unveils USAT, a US-regulated stablecoin led by former White House Crypto Council's Bo Hines to compete globally.

Tether has revealed its domestic stablecoin, USAT, and named former White House advisor Bo Hines CEO of its U.S. business.