Bitcoin (BTC) 
$90,606 price It reached its all-time record price in the last 24 hours and now stands at $88,000. Altcoins are announcing their big announcements and good news one after another. Tether also joined this bandwagon and announced Hadron as an important step in diversifying company revenues for greater profits.
Tether Enters RWA Business
Tokenization of real-world assets is attracting trillion-dollar asset managers and banks. Franklin, BlackRock created its own tokens. Now Tether has announced its own asset tokenization platform, Hadron. This platform aims to make it possible to tokenize everything from stocks to bonds, from stablecoins to loyalty points.
“TetherBy bringing together all the technology and know-how built over the last decade on a single platform, we aim to make asset tokenization more accessible than ever and open new avenues for issuance, investment and underlying capital markets technology for a wider audience, from institutions to fund managers, governments to private companies. “We aim.”
Hadron, which will support multiple blockchains, will also be compatible with Bitcoin Layer 2 solutions such as Blockstream. Tether CEO said;
“We believe that this step will significantly improve the financial sector. We make asset tokenization easier, secure and scalable by leveraging all the technology of Tether, which has secured $125 billion today. “Our goal is to make the digital asset space more accessible and transparent, while creating new opportunities for businesses and governments.”
Tokenization of Real World Assets
RWA It aims to bring the advantages of cryptocurrencies to these assets as capabilities by moving everything you can think of to blockchain. For example, consider a blockchain-based version of any stock or fund. Interest in these assets will increase further in an environment that is accessible at any time of the day and can be traded quickly and cheaply.
The next exponential growth story of the financial industry can be written with RWA. This growth will positively affect a significant part of the cryptocurrency markets thanks to RWA tokens integrated with crypto networks.
BTC It continues to linger near $88,000, and although altcoins have erased some of their losses, we will continue to see similar swings even during the best bullish periods.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
