Tether has been on a meteoric rise ever since. After Congress passed the Genius Act, which established regulations for the stablecoin sector, Tether’s CEO, Paolo Ardoino, scored a prime seat at Trump’s signing ceremony in July, alongside other CEOs, including Gemini’s Winklevoss twins and Coinbase’s Brian Armstrong.
With its hire of top Trump crypto official Bo Hines, the stablecoin giant Tether is trying to outrun its past
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