Tether's Compliance Adventure: Can It Conquer the U.S. with USAT? Introduction In August this year, Bo Hines resigned from his position on the White House Cryptocurrency Advisory Committee and quickly took over as CEO of Tether's newly established U.S. division. His mission is to launch USAT, a stablecoin that complies with the GENIUS Act. USAT will undergo monthly audits, and its reserves will be held entirely in cash and short-term U.S. Treasury securities, operating under the full oversight of federal banking regulators. Meanwhile, USDT continues to handle over $1 trillion in transa
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