The post The Link Between Trump’s Fed Pick and Tether’s ‘Made in America’ Stablecoin appeared on BitcoinEthereumNews.com.
In brief Trump’s Fed chair pick Kevin Warsh advised a Tether-linked bank. Anchorage Digital was tapped to issue Tether’s new USAT stablecoin. Anchorage’s CEO said Warsh served as an advisor for years. Kevin Warsh, President Donald Trump’s nominee to chair the Federal Reserve, helped shape Anchorage Digital, a key player in Tether’s efforts to gain a regulated foothold in U.S. markets. Prior to being tapped by Trump for the role on Friday, Warsh served as an advisor to Anchorage Digital for years. The American financier and bank executive was listed on the company’s website as an advisor, but he was removed sometime after Jan. 16, per the Internet Archive. On Friday, Anchorage Digital co-founder and CEO Nathan McCauley said on X that he “couldn’t be more excited” about Warsh’s nomination, noting that he “has been an advisor to Anchorage since the very beginning.” Kevin Warsh has been an advisor to Anchorage since the very beginning and I couldn’t be more excited that he’s been selected as the next chair of Federal Reserve. If you’re looking for proof of work, here’s his WSJ op-ed from 2018 where he quotes Satoshi from the Genesis block. https://t.co/vbozltmy8s pic.twitter.com/peJuo714P4 — Nathan McCauley ⚓ (@nathanmccauley) January 30, 2026 Anchorage Digital serves as the issuer of Tether’s USAT. When the stablecoin was launched last week, Tether CEO Paolo Ardoino declared that it would be “made in America,” representing its first product to comply with stablecoin regulation passed into law this summer. If Warsh was still an advisor to Anchorage, it would establish a link between him and Commerce Secretary Howard Lutnick. Prior to his own nomination, Lutnick led Cantor Fitzgerald, the investment bank that custodies a portion of Tether’s reserves for USDT. “We are grateful to Kevin Warsh for providing counsel to Anchorage Digital for many…