Tether unveils Hadron for tokenizing real-world on blockchain

Source Cryptopolitan

Stablecoin leader Tether has unveiled Hadron, a tokenization stage, as demand for tokenized financial instruments on decentralized networks surges. This platform allows firms, asset managers, and nation-states to issue and manage digital asset tokens for real-world financial instruments.

According to the announcement, Hadron enables users to tokenize various assets, from stocks and bonds to stablecoins and loyalty points, highlighting robust Know Your Customer (KYC) and Anti-Money Laundering (AML) controls. 

The platform includes tools for issuing and managing the entire life cycle of tokenized assets, streamlining asset tokenization for individual and institutional investors alike. 

Hadron by Tether revolutionizes asset tokenization, enhancing liquidity and global impact

Asset tokenization converts ownership rights of physical assets into digital tokens on a blockchain. These tokens can represent fractional or full ownership, allowing easier trading in digital markets and offering increased liquidity, transparency, and accessibility.

Paolo Ardoino, CEO of Tether, commented on the development, saying:

While traditional finance institutions have always pushed for closed ecosystems that are opaque to citizens, Hadron by Tether reinforces our commitment to build a more inclusive future. We’re making asset tokenization easier, safer, and scalable.

~Paolo Ardoino

Hadron facilitates tokenizing digital securities, including equities, bonds, and funds; fiat-pegged and commodity-backed stablecoins; and Alloy by Tethered Assets. According to Tether’s website, Tethered Assets are designed to track reference assets using stabilization strategies like over-collateralization and secondary market liquidity pools.

Hadron will also feature “basket-collateralized products,” enabling nation-states and corporations to issue digital tokens backed by baskets of commodities or other real-world securitized assets.

Interest in baskets of commodities and fiat currencies has surged, especially as the BRICS coalition considers reforming the International Monetary Fund’s Special Drawing Rights (SDR)—a global reserve asset comprising a mix of five major fiat currencies.

Tether expands its focus on energy, commodities, and new stablecoins

Tether’s launch of the Hadron tokenization platform aligns with the company’s expanding focus on energy and commodity-backed blockchain tokens.

In October 2024, Tether proposed a boron-backed token to the Turkish government, leveraging Turkey’s control over about 70% of the global boron supply. This mineral is critical for numerous industries, including fertilizers, household cleaners, and glass production.

The company also made a significant move into oil trading that same month, with a $45 million transaction to fund the transport of 670,000 barrels of oil from the Middle East using its USDT stablecoin.

In addition, at the TON Gateway event in Dubai, Tether unveiled a new dirham-pegged stablecoin linked to the national currency of the United Arab Emirates (UAE) on the Open Network (TON) blockchain.

According to an October 31 financial report, Tether reported $2.5 billion in profits for Q3 2024 and disclosed that its total assets reached approximately $134 billion.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Crude Oil Price Forecast: Can Brent Hold $100 Amid Hawkish Fed Rate Hikes and Easing Supply Concerns? International oil prices continued to fall after the Federal Reserve resumed rate hikes in September. On Wednesday, WTI crude dropped 3.28% to settle at $102.02 per barrel; Brent crude fe
Author  TradingKey
11 hours ago
International oil prices continued to fall after the Federal Reserve resumed rate hikes in September. On Wednesday, WTI crude dropped 3.28% to settle at $102.02 per barrel; Brent crude fe
placeholder
Dow drops 631 points as the Fed hikes — but futures are rebounding: what's next for US stocks?The Dow fell 631 points and the S&P 500 closed below 7,600 after the Fed hiked rates for the first time since 2023, with the dot plot showing 16 of 18 officials expect more tightening. Asia-session futures are already recovering — here are the levels and analyst views that decide whether 7,500 holds.
Author  Irene Q.
18 hours ago
The Dow fell 631 points and the S&P 500 closed below 7,600 after the Fed hiked rates for the first time since 2023, with the dot plot showing 16 of 18 officials expect more tightening. Asia-session futures are already recovering — here are the levels and analyst views that decide whether 7,500 holds.
placeholder
Dollar index tops 100 for the first time since July as the Fed's hawkish dot plot sinks inThe U.S. dollar index broke back above 100 for the first time since 31 July after the Fed delivered its first rate hike since 2023, with the dot plot showing 16 of 18 officials expect at least one more increase this year. Here are the levels that matter for DXY, the currencies feeling it most, and what to watch next.
Author  Irene Q.
19 hours ago
The U.S. dollar index broke back above 100 for the first time since 31 July after the Fed delivered its first rate hike since 2023, with the dot plot showing 16 of 18 officials expect at least one more increase this year. Here are the levels that matter for DXY, the currencies feeling it most, and what to watch next.
placeholder
TradingKey Daily Market Briefing: Fed Raises Rates by 25 Bps, May Hike Again This Year; Gold Tumbles as Intel Rises 4%On September 16, Eastern Time, US stocks rose before pulling back following the Federal Reserve's rate decision announcement for September. The Fed unanimously decid
Author  TradingKey
20 hours ago
On September 16, Eastern Time, US stocks rose before pulling back following the Federal Reserve's rate decision announcement for September. The Fed unanimously decid
placeholder
September Fed Rate Decision Preview: Is a Rate Hike a Foregone Conclusion? US Stocks, Dollar, and Gold Face a Critical TestThe Federal Reserve will announce its September interest rate decision at 2:00 p.m. ET on Wednesday (September 16), followed by a press conference held by Fed Chair Kevin Warsh at 2:30 p.
Author  TradingKey
Yesterday 10: 14
The Federal Reserve will announce its September interest rate decision at 2:00 p.m. ET on Wednesday (September 16), followed by a press conference held by Fed Chair Kevin Warsh at 2:30 p.
goTop
quote