Tether (USDT) is preparing to unveil an innovative tokenization platform that will be accessible to the public, as announced by Paolo Ardoino, CEO of the stablecoin issuer. Ardoino describes the upcoming platform as a “masterpiece,” highlighting its fully non-custodial nature, multi-chain capabilities, and versatility in tokenizing various assets such as bonds, stocks, funds, and even coffee shop reward points. He emphasizes that the platform, which serves as a white label version of Tether’s technology, supports USDT, an asset valued at over $107 billion. Additionally, Ardoino reveals that the tokenization platform will integrate with Bitcoin’s layer-2 projects RGB and The Liquid Network. He also mentions that the team working on the platform is exploring the possibility of making it available on RGB first before expanding to other chains.

USDT, the largest stablecoin in terms of market capitalization, aims to maintain a 1:1 peg with the US dollar. Ardoino underscores its significance in emerging markets, where it is widely adopted as the “most-used digital dollar” by hundreds of millions of individuals who face rapid devaluation of their local currencies. For many in this community, USDT serves as both a checking account and a savings account, especially since they may not have access to traditional banking services due to financial constraints. This practical application of stablecoins exemplifies their real-world value.

Earlier this year, Tether confronted allegations from a UN-affiliated agency that accused USDT of being frequently utilized by criminals for money laundering and fraudulent activities in parts of Asia. Tether refuted these claims.

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