Key Takeaways:
- Tether’s USDt stablecoin market cap has reached $126 billion following a minting of $7 billion in new tokens.
- Tether launched “Hadron,” a platform allowing tokenization of real-world assets, including stocks, bonds, and commodities, with integrated KYC and AML features.
- Hadron’s “basket-collateralized products” enable nation-states and corporations to issue tokens representing diversified asset portfolios, reflecting the trend toward commodities-backed digital assets.
Tether has launched “Hadron,” a platform for real-world asset tokenization, aimed at enabling businesses, asset managers, and governments to issue digital tokens linked to traditional financial assets such as stocks, bonds, and loyalty points.
Hadron incorporates stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) measures to ensure secure transactions.
🚀 Welcome to Hadron by Tether: the revolutionary platform that lets you tokenize anything, anywhere—from equities, stablecoins and bonds to real estate and reward points. 🌎 With seamless, compliant, and customizable options, Hadron by Tether makes asset tokenization easier than… pic.twitter.com/QwXy9VhM0L
— hadron_tether (@hadron_tether) November 14, 2024
Tether CEO Paolo Ardoino emphasized the platform’s role in promoting an open and inclusive financial future, contrasting it with traditional finance’s often opaque systems.
Hadron also introduces “basket-collateralized products”, which allow digital tokens to represent baskets of commodities, aligning with interest in alternatives to the IMF’s Special Drawing Rights (SDR).
This move reflects a broader interest in commodities-backed tokens, especially as groups like BRICS explore new financial tools.
Additionally, with Tether’s recent $7 billion token minting—raising USDt’s market cap to over $126 billion—this launch underscores Tether’s expanding influence in energy and commodity-backed digital assets, signaling a shift toward blockchain-powered solutions in traditional asset markets.
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