{"id":289986,"date":"2024-04-26T03:07:46","date_gmt":"2024-04-25T21:37:46","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=289986"},"modified":"2024-04-26T03:07:46","modified_gmt":"2024-04-25T21:37:46","slug":"tether-ceo-teases-sweeping-tokenization-platform-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/tether-ceo-teases-sweeping-tokenization-platform-crypto-news\/","title":{"rendered":"Tether CEO Teases Sweeping Tokenization Platform &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<p>Paolo Ardoino called it a \u2018masterpiece\u2019 but didn\u2019t offer many details.<\/p>\n<div>\n<p>Tether\u2019s CEO Paolo Ardoino teased the company\u2019s new tokenization platform over the weekend, touting some features but maintaining most details under wraps.<\/p>\n<p>\u201cTether&#8217;s tokenization platform will soon be available to everyone,\u201d Ardoino <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/paoloardoino\/status\/1779429601707425957?t=l5Men-a73ysjO-oVJ0Bgjw\">wrote<\/a> on Sunday. \u201cA masterpiece. Fully non custodial. Multi chain. Multi asset type. Super customizable.\u201d<\/p>\n<p>According to Ardoino, the platform will allow firms and protocols to tokenize anything from bonds and stocks to coffee shop rewards. \u201cA whitelabel of our tech that supports USDT, a 107+B asset,\u201d he <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/paoloardoino\/status\/1779432735418781862\">added<\/a>.<\/p>\n<p>Ultimately, it appears <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/education\/what-is-tether\">Tether<\/a> wants to corner more than the stablecoin market, and has set its eyes on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/real-world-assets-poised-to-be-defi-growth-engine-coinbase\">Real World Assets<\/a> (RWAs), and other forms of tokenization. The platform will allow for users to retain complete custody over their tokenized assets, have full flexibility between blockchain ecosystems, and tailor their digital assets according to their needs all under one roof.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/what-are-stablecoins\">Stablecoins<\/a> are cryptocurrencies that maintain a stable value, usually pegged to a fiat currency. Tether\u00b4s USDT trades at par with the US Dollar and is the overwhelming leader in the sector, commanding 77% of the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.coingecko.com\/en\/categories\/stablecoins\">$157 billion<\/a> stablecoin market cap.<\/p>\n<figure><figcaption class=\"text-center text-xs\">USDT Market Capitalization<\/figcaption><\/figure>\n<p>These types of assets have been touted more than once as the killer app for cryptocurrencies, having found a place for investors from all corners and sectors of the economy. In places with hyperinflated currencies, such as Argentina, stablecoins such as USDT have found a home, becoming a cornerstone of the burgeoning digital economy; meanwhile, large firms are now <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/defi\/nomura-subsidiary-laser-digital-tests-usdc-transfer-with-keyring-network\">experimenting<\/a> with stablecoin-compliant tools.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Paolo Ardoino called it a \u2018masterpiece\u2019 but didn\u2019t offer many details. Tether\u2019s CEO Paolo Ardoino teased the company\u2019s new tokenization platform over the weekend, touting some features but maintaining most details under wraps. \u201cTether&#8217;s tokenization platform will soon be available to everyone,\u201d Ardoino wrote on Sunday. \u201cA masterpiece. Fully non custodial. Multi chain. Multi asset [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":289987,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-289986","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/289986","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=289986"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/289986\/revisions"}],"predecessor-version":[{"id":289989,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/289986\/revisions\/289989"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/289987"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=289986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=289986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=289986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}