Tether launches revolutionary Hadron platform for tokenization of real assets

Tether launches revolutionary Hadron platform for tokenization of real assets

Along with Tether's stablecoin market capitalization surpassing $126 billion thanks to the issuance of approximately $7 billion in new USDt, the innovative company is coming up with an innovation in digital finance. Tether introduces the Hadron platform, which promises to revolutionize the tokenization of real assets.

Hadron is designed to enable businesses, asset managers and even nation states to issue and manage digital asset tokens. These tokens can include stocks, bonds, stablecoins, loyalty points and other real assets, opening up new possibilities for modern financial operations.

According to Tether CEO Paul Ardoino, Hadron represents a step towards more transparent and inclusive financial systems that have often been completely closed to the general public. "While traditional financial institutions have always championed opaque ecosystems, the Hadron platform reinforces our commitment to building a more inclusive future," said Ardoino.

Hadron's offering also includes so-called "basket-collateralized products" that allow states and corporations to issue tokens on the condition that they are backed by a basket of commodities or other real assets. This area is also gaining importance in the context of recent proposals by the BRICS supranational organisation to revise the International Monetary Fund's Special Drawing Rights (SDR).

Estimates suggest that by 2030, the volume of tokenised assets could reach an astronomical $10.9 trillion. This figure is indicative of how quickly the tokenization market is evolving, and Tether is not touted as a leader in this area without reason.

As part of its plans to expand into commodities and energy, Tether recently proposed to the Turkish government a token backed by the mineral boron, of which Turkey controls roughly 70% of its reserves. The mineral is key in many industries, including agriculture and glass production. In October 2024, Tether also funded the shipment of 670,000 barrels of oil from the Middle East using the Tether USD stablecoin for $45 million.

Another Tether innovation was the recently launched stablecoin pegged to the dirham, the national currency of the United Arab Emirates (UAE), which was unveiled during the TON Gateway event in Dubai.

The financial report for the third quarter of 2024 showed that Tether posted a profit of $2.5 billion and its total assets amount to approximately $134 billion. Given these exciting innovations and Tether's rapid development, it seems that the company is becoming one of the key players in the digital finance and tokenization space.

*This is not an investment advisory.

Coingarage team