-stablecoin issuer Tether has unveiled a real asset t
okenization platform.Hadron will allow companies, asset managers and governments to issue and manage digital asset tokens for real-world financial products.
According to #Tether , users can tokenize stocks, bonds, stablecoins, loyalty points and other real assets on the platform, as well as perform robust customer knowledge management (KYC) and anti-money laundering (AML). Paolo Ardoino, CEO of Tether, released the following statement on the launch of the platform:
While traditional financial institutions have always sought to create an opaque, closed ecosystem for their citizens, Tether Hadron reaffirms our commitment to building a more inclusive future.
Hadron also includes basket deposit protected products
This allows nation-states and companies to issue digital asset tokens for a basket of collateralized goods and other real assets. The basket of commodities and fiat currencies is back in the spotlight after the BRICS supranational organization proposed a review of the International Monetary Fund's Special Drawing Rights (SDR).
The introduction of the tokenized hadron platform comes amid the company's push into energy and commodity-based #blockchain tokens.
In 2024/10, Tether provided the Turkish government with boron-backed tokens. Turkey controls about 70% of the country's reserves of the mineral, which is used in a variety of applications including fertilizers, household chemicals and glass production.
Tether also announced the launch of a new stable coin pegged to the dirham, the national currency of the United Arab Emirates (UAE), on the Open Network (TON) blockchain during the #TON Gateway event in Dubai.
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