Krutika Adani
Tether has announced the launch of its new RWA platform in Token 2049.
Tokenized RWA assets are traditional financial instruments that have been embedded in blockchain.
These assets can be houses, office spaces, cars, bonds, mortgages, and more.
The benefit is the ease of transaction, proof of ownership, and easy way of anonymizing transactions.
However, slow regulatory changes present a tough challenge for its fast adoption.