Tether Launches USAT Stablecoin for U.S. Market, Appoints Bo Hines to Lead New Division.

September 14, 2025 – Tether has unveiled USAT, which the company described as its first euro-pegged stablecoin, designed to expand adoption across international payment networks. Alongside the launch, Tether announced that former congressional candidate Bo Hines has been appointed as the company’s new Global Chief Executive Officer.

The launch of USAT marks Tether’s latest step in diversifying its offerings beyond the dollar, broadening access for European institutions seeking stable, blockchain-based settlement solutions. The company said it expects the token to be integrated into cross-border trade platforms and digital banking initiatives over the next year.

Hines, who will assume the role of global CEO effective immediately, is tasked with overseeing all of Tether’s operations, including its flagship USDT product, which remains the world’s largest stablecoin. His appointment signals a leadership transition aimed at strengthening Tether’s presence in both the European and U.S. financial markets.

Industry observers note that the euro-backed USAT could significantly reshape stablecoin dynamics by challenging dollar-denominated dominance in the sector, while Tether’s leadership shift underscores its ambitions to cement a broader global role.