Tether exec warns 2026 midterms could deliver 'seismic impact' on crypto's Washington gains!

Jesse Spiro, Head of Government Affairs at Tether, told a panel at Consensus Miami 2026 that the 2026 U.S. midterm elections represent the industry's most consequential political test since the 2024 cycle — warning that even landmark progress like the GENIUS Act could be unwound if the wrong Congress takes shape. "The apple cart can always get upset," Spiro said.

Panelists broadly agreed that crypto's political infrastructure is maturing fast. Colin McLaren of the Solana Policy Institute framed the moment as one of "durability" — securing not just wins but the legislative staying power to keep advancing tax reform and developer protections. Mason Lynaugh of Stand With Crypto noted the group's nearly 3 million members are treating upcoming races as an accountability moment, arguing that in contests decided by 4,000 to 5,000 votes, a mobilized crypto bloc can swing outcomes.

The…