PANews reported on December 17 that according to the official blog, digital asset company Tether announced that it has invested in StablR, a European stablecoin provider, to accelerate adoption in the region. StablR will use Hadron, a new tokenization platform launched by Tether last month, to simplify the tokenization of stocks, bonds, commodities, stablecoins, etc.

In July this year, StablR obtained an Electronic Money Institution (EMI) license from the Malta Financial Services Authority for its MiCAR-compliant stablecoins. Currently, StablR offers two tokens: EURR and USDR, both issued as ERC-20 and Solana compatible tokens, which can be seamlessly transferred to any Ethereum or Solana wallet address. StablR is integrated with Ethereum and Solana, and will expand to other networks using Tether's Hadron.