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According to The Information, stablecoin issuer Tether has hired Jeremy Pollack, the former Vice President of the blockchain business division at Morgan Chase’s Kinexys, to handle institutional partnership business for its new stablecoin USAT. This personnel appointment shows that Tether is further advancing its expansion into the U.S. market and institutional channels, with a focus on expanding a partnership network with banks, payment providers, and large institutional clients.