US Senate probes Tether over $6.3M payment to White House crypto adviser
- —Tether allegedly paid roughly $6.3 million to Nxum, tied to Bo Hines
- —Payments were routed via intermediary Notorious, possibly skirting ethics rules
- —Hines reportedly secured a GENIUS Act compliance extension from 18 to 36 months
- —Senator Blumenthal demands contracts and messages by November 6, 2026
Why it matters: The probe could damage USDT's reputation and invite tougher regulatory scrutiny of the largest stablecoin.
Source: Cointribune EN