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
Bitcoin Surges Toward $72,000 as Crypto Stocks Soar, Strategy Jumps Another 10% Bitcoin price surges toward $72,000, driving a collective rally in crypto concept stocks, with MicroStrategy extending gains by 10%.In pre-market trading on August 20, Eastern Time, Bitco
Author  TradingKey
11 hours ago
Bitcoin price surges toward $72,000, driving a collective rally in crypto concept stocks, with MicroStrategy extending gains by 10%.In pre-market trading on August 20, Eastern Time, Bitco
placeholder
Gold Price Forecast: US Treasury Yield Slump Pushes Gold Above $4,500, Will Gold Keep Rising?As of the Asian session on August 20, gold prices (XAUUSD) surged again today after breaking above $4,500 on Wednesday, reaching a nearly two-month high of $4,527.12 before pulling back i
Author  TradingKey
12 hours ago
As of the Asian session on August 20, gold prices (XAUUSD) surged again today after breaking above $4,500 on Wednesday, reaching a nearly two-month high of $4,527.12 before pulling back i
placeholder
Bitcoin Surges Over 8% Triggering Short Liquidations, Ethereum Jumps 18%: Here's WhyThe cryptocurrency market staged a strong rebound, with Bitcoin (BTCUSD) surging over 8% intraday to approach $70,000, reaching its highest level since early June and recording its larges
Author  TradingKey
15 hours ago
The cryptocurrency market staged a strong rebound, with Bitcoin (BTCUSD) surging over 8% intraday to approach $70,000, reaching its highest level since early June and recording its larges
placeholder
US Treasury Department to buy back more longer-term bondsThe US Treasury Department said on Wednesday that it will buy back more of its longer-term bonds, in an effort to curb a sharp increase in borrowing costs, the Wall Street Journal reported.
Author  FXStreet
19 hours ago
The US Treasury Department said on Wednesday that it will buy back more of its longer-term bonds, in an effort to curb a sharp increase in borrowing costs, the Wall Street Journal reported.
placeholder
Gold Price Forecast: Will Gold Rise or Fall in the Short Term as Fed July Minutes Approach? As of the Asian session on August 19, gold prices (XAUUSD) maintained a weak rebound intraday, rising about 0.2% on the day to trade near $4,340. Earlier on Tuesday, gold prices fell near
Author  TradingKey
Yesterday 08: 56
As of the Asian session on August 19, gold prices (XAUUSD) maintained a weak rebound intraday, rising about 0.2% on the day to trade near $4,340. Earlier on Tuesday, gold prices fell near
goTop
quote