Tether announces Hadron platform that enables tokenization of real assets, opening up opportunities for businesses and countries to issue tokens.
On November 14, Tether, the leading stablecoin issuer, officially launched a real-world asset tokenization platform called Hadron. This platform is designed to allow businesses, asset managers, and even countries to issue and manage digital asset tokens that represent traditional financial instruments.
The event comes as Tether is actively expanding its operations into the field of tokenizing assets backed by commodities and energy, while announcing an impressive profit of $2.5 billion in Q3/2024, with total assets of up to $134 billion.
Hadron allows users to tokenize a wide range of assets, from stocks, bonds, stablecoins, customer reward points to other real-world assets. The platform is integrated with robust Know Your Customer (KYC) and Anti-Money Laundering (AML) controls to ensure compliance with applicable regulations.
Tether CEO Paolo Ardoino emphasized that Hadron represents the company’s commitment to building a more transparent and inclusive financial future, as opposed to the closed ecosystem of traditional financial institutions.
Vision of asset tokenization
One notable feature of Hadron is the ability to create “basket-backed” products. This allows countries and businesses to issue digital asset tokens backed by baskets of securitized commodities or real assets.
The development comes amid growing interest in baskets of commodities and fiat currencies, particularly following the BRICS group’s proposal to reform the International Monetary Fund’s (IMF) Special Drawing Rights (SDR). The SDR is currently an international reserve asset comprised of five major fiat currencies.
Tokenized assets are expected to reach $10.9 trillion by 2030. Source: Gabor Gurbacs
Tether's launch of Hadron is not an isolated move. The company has been actively exploring the tokenization of energy- and commodity-backed assets. In October 2024, Tether proposed to the Turkish government that it issue a token backed by boron, a mineral of which Türkiye controls about 70% of the global supply.
That same month, Tether also entered the oil trading business, using the stablecoin Tether USD (USDT) to finance the shipment of 670,000 barrels of oil from the Middle East, with a transaction value of up to $45 million.
Not stopping there, Tether continued to expand its influence by launching a stablecoin pegged to the United Arab Emirates (UAE) dirham on the blockchain platform The Open Network (TON).
