Topic: Tether Appoints Former PayPal Executive Jesse Spiro as Head of Government Affairs

🔹 Tether, the issuer of the USDT stablecoin, is strengthening its ties with the government by appointing Jesse Spiro, a former PayPal executive, as its new head of government affairs.

🔹 Spiro will oversee Tether’s outreach efforts to lawmakers, regulators, and key stakeholders.

🔹 Spiro previously led regulatory affairs at PayPal and worked at Chainalysis, where he collaborated with Tether to monitor USDT transactions on the TRON blockchain.

🔹 Spiro’s appointment comes amid increased scrutiny from U.S. lawmakers on the Tether stablecoin and its potential use to evade sanctions.

🔹 Tether also recently formed the T3 Financial Crime Unit with TRON and TRM Labs to combat illicit activity related to USDT on the TRON blockchain.

💬 What do you think about this appointment? Share your opinion in the comments!