Tether poaches JPMorgan exec to bolster US stablecoin expansion

Tether has hired an executive from JPMorgan as it deepens its push into the US stablecoin market, per The Information. The hire adds TradFi institutional firepower to Tether's growing US operation, which already includes former White House crypto advisor Bo Hines leading the USAT stablecoin launched in January through Anchorage Digital Bank. Tether has been on a hiring and compliance spree — bringing on KPMG for a full USDT reserve audit and PwC for internal prep — signaling it's serious about meeting US regulatory standards as the GENIUS Act takes shape.

TLDR by @Benthic

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• Tether
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