Stellar hits $4B+ in tokenized real-world assets on 360% annual growth, driven by institutional adoption from Franklin Templeton (Benji), Spiko, and recent announcements from US Bank and MoneyGram. The ecosystem is now focused on using RWAs in DeFi, with infrastructure like Redstone providing the missing 24/7 pricing layer.
The Stellar ecosystem has crossed a $4B milestone in tokenized real-world assets, marking 360% annual growth. Denelle Dixon, CEO of the Stellar Development Foundation, breaks down the drivers: Franklin Templeton's Benji money market fund, Spiko's Treasury Bill tokenization, and institutional adoption from major players like US Bank and MoneyGram. Dixon emphasizes that success isn't just about tokenizing assets—it's about composability and putting RWAs to work in DeFi. The ecosystem identified a critical gap: 24/7 pricing for on-chain assets, which Redstone Finance is now filling. The combination of base-layer protocol features (clawback, freezing, KYC controls) and third-party infrastructure improvements is enabling RWA-FI, where tokenized assets can serve as collateral and liquidity in decentralized finance.