According to The Information, the stablecoin issuer Tether has appointed Jeremy Pollack, former Vice President of the blockchain business division at Morgan Stanley's Kinexys, to oversee institutional partnership operations for its new stablecoin USAT. This personnel appointment indicates that Tether is further advancing its expansion into the U.S. market and institutional channels, focusing on developing partnerships with banks, payment providers, and large institutional clients.
According to The Information, the stablecoin issuer Tether has appointed Jeremy Pollack, former Vice President of the blockchain business division at Morgan Stanley's Kinexys, to oversee institutional partnership operations for its new stablecoin USAT. This personnel appointment indicates that Tether is further advancing its expansion into the U.S. market and institutional channels, focusing on developing partnerships with banks, payment providers, and large institutional clients.