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Tether Launches RWA Tokenization Platform for Mass Adoption

Tether Launches RWA Tokenization Platform for Mass Adoption

CoinspaidmediaCoinspaidmedia2024/11/16 03:22
By:Coinspaidmedia

Stablecoin issuer Tether announced the launch of its real-world asset (RWA) tokenization platform to simplify the “tokenization of everything.”

Tether Launches RWA Tokenization Platform for Mass Adoption image 0

Tether, the issuer of the USDT stablecoin, announced the launch of the Hadron by Tether platform, which is designed to simplify the process of tokenizing RWAs as much as possible. The project is designed for a wide range of users, from government agencies and large funds to private companies. Moreover, the platform will enable the tokenization of assets of any class, ranging from stocks and bonds to loyalty points.

Hadron by Tether’s primary mission is to make asset tokenization more accessible. To this end, the platform features an intuitive interface and functionality to issue and manage the entire lifecycle of digital tokenized assets. It ensures modularity, security, reliability, and a seamless user experience. 

Among the set of controls, the press release highlights a full suite of tools to: 

  • address compliance issues; 
  • provide KYC and AML procedures; 
  • perform risk management;
  • track and monitor transactions (KYT); 
  • monitor the secondary market, from blockchains to CEXs. 

Hadron by Tether users will always retain full control of their assets.

Our goal is to create new opportunities for businesses and governments, while also making the digital asset space more accessible and transparent,” said Paolo Ardoino, CEO of Tether, in the press release.

“When we talk about business, especially in innovative industries, big banks and legacy financial infrastructure are sorely lacking in innovative solutions. FinTech companies have more modern infrastructure, better currency exchange or conversion capabilities, established relationships with different countries and companies, but most importantly, more knowledge and experience with digital assets. This is exactly what an innovative company needs,” said Max Krupyshev, CEO of CryptoProcessing.com , in the Purpose Driven FinTech podcast.

Earlier, Tether released a non-custodial crypto wallet development kit called Wallet Development Kit (WDK), which is open source and allows wallet integration into any app, website, or device.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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