Around 11-05, Tether announced a partnership between its tokenization platform Hadron and on-chain data provider RedStone.
Hadron issuers can access RedStone’s price feeds and net asset value (NAV) feeds, as well as its settlement product, RedStone Settle.
A Tether press release states that Settle is for eligible tokenized assets: verified liquidity providers submit bids, the winning bidder takes over the position, and the asset’s existing redemption process is then followed to provide same-day (T+0) liquidity.
For tokenized assets to be priced and used for settlement on-chain, they first need price feeds and liquidity arrangements. This partnership connects both to the issuance gateway.
Access being available ≠ all Hadron assets can already be settled on the same day.
The channel going live ≠ every holder can redeem instantly right now.
$USDT #稳定币 #RWA #tokenization
Hadron issuers can access RedStone’s price feeds and net asset value (NAV) feeds, as well as its settlement product, RedStone Settle.
A Tether press release states that Settle is for eligible tokenized assets: verified liquidity providers submit bids, the winning bidder takes over the position, and the asset’s existing redemption process is then followed to provide same-day (T+0) liquidity.
For tokenized assets to be priced and used for settlement on-chain, they first need price feeds and liquidity arrangements. This partnership connects both to the issuance gateway.
Access being available ≠ all Hadron assets can already be settled on the same day.
The channel going live ≠ every holder can redeem instantly right now.
$USDT #稳定币 #RWA #tokenization
