Tether launches new stablecoin, appoints former White House advisor Bo Heinz to head US operations.

The world's largest stablecoin issuer, Tether, has launched a new token for American enterprises and institutions. The company also appointed former White House Cryptocurrency Advisors Team Leader, Bo Heynes, as the Chief Executive Officer of its U.S. operations. These moves highlight Tether's commitment to cooperation with regulatory agencies and its determination to officially enter the U.S. market after years of regulatory scrutiny.