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

Tether tapped the crypto bank Anchorage Digital and its longtime partner Cantor Fitzgerald to issue the token.

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

The company became a behemoth overseas, but its play for the American market is far from a sure thing.