Tether has launched Hadron, a platform that tokenizes various assets, including stocks, bonds, loyalty points, and stablecoins. The platform aims to simplify the tokenization process and ensure transparency through blockchain technology. Hadron offers KYC/AML compliance tools and supports multiple blockchains, with a total value of real-world assets (RWA) locked standing at $6.591 billion.
Tether reported a profit of $5.2 billion in the first half of 2024, with total reserves of $118.4 billion.