Tether has launched a new platform to tokenize various assets such as stocks, bonds, and stablecoins. The platform aims to simplify the tokenization process for a wide range of users.
Asset Tokenization with Tether
On November 14, Tether announced the launch of the Hadron platform, which offers services for tokenizing real-world assets. This move is aimed at expanding tokenization beyond stablecoins and making such capabilities more accessible across markets.
Features of the Hadron Platform
The Hadron platform offers a range of features to manage tokenized asset lifecycles, ensuring modularity, security, and reliability. It is also equipped with key compliance features like KYC, AML, KYT, and robust risk management protocols.
Tether's Business Expansion
Tether's recent launch of Hadron follows the release of the Wallet Development Kit (WDK), a tool for integrating Bitcoin and USDT wallets into applications. Additionally, in October 2024, Tether's financial arm invested in a $45 million crude oil trade in USDT, marking an expansion beyond the standard issuance of stablecoins.
Through the launch of Hadron, Tether demonstrates its commitment to advancing decentralized finance and diversifying business strategy.
