Stellar research report examines the network's evolution into institutional financial infrastructure. Reports $246M in stablecoins spanning 9+ currencies, $1.4B in tokenized RWAs from regulated issuers like Franklin Templeton and Spiko, and 52.8M smart contract invocations in February alone, demonstrating operational scale for settlement and asset issuance.
Stellar is positioning itself as institutional financial infrastructure for global settlement, treasury management, and tokenized asset issuance. The network hosts 17 stablecoins spanning 9+ fiat currencies with $246M in supply, processing $2.3B monthly transfer volume. On the RWA side, 67 tokenized products valued at $1.4B are issued on Stellar, led by Franklin Templeton's $654M BENJI fund, Spiko's European Treasury Bills at $494M, and WisdomTree offerings. Protocol-native compliance controls have executed 79.3M clawback operations since inception, demonstrating institutional safeguards at scale. The network processes 52.8M smart contract invocations per month, showing active application usage. Stellar's evolution reflects a shift from a payments network to institutional-grade settlement and asset issuance platform.
