Stellar Surpasses $500M in Tokenized Assets with U.S. Treasuries
- Stellar hits $500 million in tokenized assets milestone.
- Major boost from Franklin Templeton’s BENJI token.
- Expansion positions Stellar alongside Ethereum in RWAs.
Stellar has reached a new milestone by surpassing $500 million in tokenized assets, primarily boosted by institutional investments in U.S. Treasuries, significantly impacting its real-world asset ecosystem.
This achievement enhances Stellar’s credibility in the blockchain space, signaling its growing role in institutional finance and influencing a notable surge in the XLM token’s market value.
Stellar has recorded a significant milestone by surpassing $500 million in tokenized assets, driven largely by institutional investors. This achievement marks a substantial integration of real-world assets into Stellar’s blockchain network.
Franklin Templeton plays a crucial role, with its BENJI token representing most tokenized U.S. Treasuries on Stellar. In total, over $533 million in tokenized assets are now on the platform, showcasing robust institutional interest.
The impact on Stellar’s market position is profound, with its native token XLM seeing an over 83% increase in value. This aligns Stellar alongside Ethereum as a primary venue for institutional-grade RWA activities.
Financial markets have noted this as a potential shift, with speculation on future stablecoin integrations. XLM’s price surge suggests increased liquidity and institutional confidence in Stellar’s ecosystem.
Speculations include potential launches of mainstream stablecoins on Stellar, enhancing its utility. This shift is poised to bring more institutional flows, with the network’s current Total Value Locked (TVL) second only to Ethereum for tokenized Treasuries.
Stellar’s efforts reflect a broader trend in blockchain, focusing on real-world applications. Historical precedents show these integrations often lead to positive ecosystem growth. Stellar’s upcoming developments may drive further technological and market innovations.
