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Tether launches Hadron platform for simplified asset tokenization

The Hadron launch is part of Tether’s strategy to expand its influence beyond stablecoins and strengthen its position in the market.

Date: 2024-11-15 Author: Łukasz Michałek
Tether launches Hadron platform for simplified asset tokenization

Tether officially launched Hadron on November 14 to make asset tokenization available to a wide range of users.

According to Tether‘s announcement, Hadron provides a streamlined platform for creating and managing digital tokens, allowing users to tokenize assets such as stocks, bonds and stablecoins.

The Hadron platform offers a range of tools designed to support secure tokenization of assets. It integrates compliance features such as Know-Your-Customer (KYC) and Anti-Money Laundering (AML) protocols.

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The platform is designed to handle a variety of tokenized assets, including stablecoins tied to fiat currencies or commodities. It also supports more complex structures, such as assets backed by multiple security features, potentially expanding options for corporate and government users.

“We believe Hadron by Tether will significantly improve the financial industry. By leveraging all of Tether’s technology – which today has already secured $125 billion – we are making asset tokenization easier, more secure and scalable,” said Tether CEO Paolo Ardoino.

Hadron operates on a number of blockchain networks, including supporting Bitcoin Layer 2 solutions such as Liquid by Blockstream. The statement suggests that security measures are key to Hadron’s structure, as it includes crypto security and customizable multi-signature wallets.

“Our goal is to create new opportunities for businesses and governments, and to make the digital asset space more accessible and transparent,” Ardoino said.

“While traditional financial institutions have always pushed for closed ecosystems that are opaque to citizens, Hadron by Tether reinforces our commitment to building a more inclusive future,” Ardoino said.

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Tether launches new set of wallet tools

Tether previously introduced the Wallet Development Toolkit (WDK) to integrate trustless wallets into various applications and websites.

Introduced on the anniversary of the Bitcoin Whitepaper, the WDK enables companies and developers to incorporate wallet functionality without relying on third parties. This toolkit supports human users and automated systems, including AI agents and robots.

According to the company, the WDK’s flexible design allows for customization, making it adaptable to different industries. Tether highlighted the ease of configuration, enabling developers to quickly integrate trustless wallets into mobile, desktop and web environments.

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Łukasz Michałek
Łukasz Michałek
Founder of the rapidly developing cryptocurrency channel "Biblia Kryptowalut" on YouTube. He also co-creates the Arena Trading group with Marek. Łukasz is fascinated and passionate about blockchain technology and cryptocurrencies, which constitute the central element of his activity in the cryptocurrency industry.
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