Tether has announced a new real-world asset tokenization platform called Hadron, which enables businesses and nations to issue and manage digital tokens.
Tether's Hadron Platform
Hadron allows for the tokenization of stocks, bonds, stablecoins, and other real-world assets with enhanced Know Your Customer (KYC) and Anti-Money Laundering (AML) measures. Tether CEO Paolo Ardoino stated, “While traditional finance institutions have always pushed for closed ecosystems that are opaque to citizens, Hadron by Tether reinforces our commitment to building a more inclusive future.”
Commodity Baskets and Proposed Changes
The platform will also feature 'basket-collateralized products,' allowing states and corporations to issue tokens for baskets of commodities or other assets. Renewed attention has been drawn to these baskets in light of BRICS' proposed IMF changes.
Tether's Expansion in Energy and Commodities
In 2024, Tether proposed a boron-backed token to Turkey and expanded its oil trading operations, financing the transport of 670,000 barrels of oil from the Middle East. Tether also launched a new dirham-pegged stablecoin on The Open Network (TON) blockchain.
Tether's Hadron platform showcases the company's efforts to expand real-world asset tokenization, creating more accessible and transparent tools for financial asset management.
