This input is a headline, not a full article. To proceed, please provide the complete text of the article you would like me to process.

However, if you’re asking for information on this topic, I can outline the key points that would likely be covered in such an article.

The central theme would be the perspective of William Quigley, a co-founder of Tether, on how a potential second presidential term for Donald Trump could impact cryptocurrency regulation in the United States.

Key discussion points would likely include:

* **Contrast with the Current Administration:** The article would probably contrast the current SEC’s enforcement-focused approach under the Biden administration with the anticipated pro-business, and potentially less restrictive, stance of a Trump administration.
* **Potential for Regulatory Clarity:** Quigley might suggest that a new administration could lead to clearer, more defined regulations for the crypto industry, moving away from the “regulation by enforcement” model.
* **Personnel Changes:** A key factor would be the potential replacement of current regulatory heads, such as SEC Chair Gary Gensler, with figures who are more favorable to the digital asset industry.
* **Trump’s Evolving Stance:** The discussion would also touch upon Donald Trump’s recent shift toward a more pro-crypto position, including accepting crypto donations for his campaign, which signals a significant change from his previous skepticism.

In essence, an article based on this headline would explore the crypto industry’s hope for a more favorable and stable regulatory environment under a different administration, as seen through the eyes of an influential figure like William Quigley.