Tether Unveils 'Hadron' Platform for Tokenizing Real-World Assets

Tether, the issuer of the widely-used US dollar-pegged stablecoin (USDT), has announced the launch of "Hadron," a platform designed to enable businesses, asset managers, and governments to tokenize real-world financial assets. The platform allows users to convert a wide range of assets into digital tokens, including stocks, bonds, stablecoins, loyalty points, and more, while incorporating strict Know Your Customer (KYC) and Anti-Money Laundering (AML) measures.
Tether CEO Paolo Ardoino emphasized the platform's role in promoting transparency and inclusivity, stating: “While traditional financial institutions have often created closed ecosystems that are opaque to the public, Hadron by Tether underscores our commitment to fostering a more inclusive future.”
Hadron also features "basket-collateralized products," enabling the creation of digital tokens backed by collections of commodities or other securitized assets. This feature is particularly relevant as the global financial landscape shifts, with growing attention on initiatives like the BRICS nations' push to reform the International Monetary Fund’s Special Drawing Rights (SDR)—a basket of five major currencies used for international reserves.
Expansion into Energy and Commodities
The launch of Hadron coincides with Tether’s broader strategy to expand its footprint in energy and commodities. In October 2024, the company proposed the issuance of a boron-backed token to the Turkish government, capitalizing on Turkey's dominant position as a global supplier of boron, a critical mineral used in various industries such as fertilizers, cleaning products, and glass manufacturing.
Tether is also exploring the energy sector, having financed the transportation of 670,000 barrels of oil from the Middle East in a $45 million transaction, conducted using its US dollar stablecoin (USDT).
Additionally, Tether announced the introduction of a new dirham-pegged stablecoin, linked to the national currency of the UAE, which will operate on The Open Network (TON) blockchain. The announcement was made during the TON Gateway event in Dubai.
Financial Growth
Tether's expansion into these new areas comes as the company reports continued growth. For Q3 2024, Tether posted a profit of $2.5 billion and revealed that its total assets now exceed $134 billion, solidifying its position as a major player in the global stablecoin and digital asset space. The platform’s introduction of real-world asset tokenization could further bolster Tether’s influence as it seeks to bridge the gap between traditional finance and the growing world of blockchain-based assets.
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