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Stellar Weekly Roundup: Week of Nov 13, 2026

Stellar is now second globally for tokenized fund value at $4.5 billion, and a new Allium Labs report finds it held 42% of all tokenized non-U.S. government debt by September 30. Templar launched Precept for institutional lending, Soroswap brought Robinhood stocks to Stellar, and SDF's Q3 recap highlighted MoneyGram, Range and Figure as tier-1 validators.

Lumen Loop Research
5 min read1,232 words
Stellar Weekly Roundup: Week of Nov 13, 2026

Stellar is now second globally for tokenized fund value, at $4.5 billion against $675 million a year ago, according to Token Terminal. A new Allium Labs report found that by September 30, Stellar held 42% of all tokenized non-U.S. government debt, and its stablecoin supply had grown 91% in a year against a 0.4% industry average. Templar launched Precept for institutional lending, and Soroswap brought Robinhood stocks to Stellar.

Institutional Scale

Token Relations tracks Stellar's RWA market cap at $5.5 billion at the end of October, up from $3.05 billion at the end of June. Allium's report, built with SDF, covers on-chain data through September 30, when RWAs stood at $4.12 billion and the network's share of the tokenized asset market had risen from 4.9% to 12.7%. Stablecoin supply reached $546 million across 18 stablecoins, carrying $1.95 billion of payments over 12 months. Not every read was glowing: Yakov Kofner pointed out that identified payments grew only 21%, to $186 million a month. Arf and Huma's case study in the report shows 4.2x growth in short-term settlement liquidity for licensed payment companies over 12 months.

Token Terminal's fund ranking moves Stellar from eighth to second, behind Ethereum. Three issuers drive it: Spiko's eurSAFO for companies and institutions, Franklin Templeton's Benji ($1.2 billion on Stellar), and Ondo's USDY for non-U.S. investors.

SDF's Q3 webinar with Denelle Dixon, José Fernández da Ponte and Raja Chakravorti will run on November 13 at 3pm ET. SDF's preview highlighted MoneyGram, Range and Figure joining as tier-1 validators during the quarter. At a StableDash panel, WisdomTree, Stable Sea and SDF named access as the remaining gap: where does a small business actually go to buy these regulated funds?

New Products

Templar launched Precept on November 9, an institutional lending protocol where each market sets its own collateral, borrow asset and risk parameters. Three markets opened: XLM/USDC, deJAAA/USDC and Gami earnUSDC/USDC, with Gami and Re7 as curators and DeFindex allocating vault liquidity. Guardian's audit found no critical, high or medium issues.

Soroswap became the first DEX on Stellar to bring Robinhood stocks to its users, adding SODAX's 46 tokenized stocks to the same swap screen as XLM and USDC. Remi detailed Remura, the confidential stablecoin layer it unveiled at Meridian: amounts and balances stay private, while auditors and supervisors get scoped investigation keys. It runs on testnet, with mainnet next.

Developer Infrastructure

Bell's mainnet vote is set for November 23 at 17:00 UTC. It brings muxed contract addresses, ML-DSA post-quantum signature verification for contracts, and millisecond-precision ledger timestamps that lay groundwork for faster ledgers. Tomer Weller told The Defiant that classic accounts get post-quantum signer rotation next year, without changing addresses. Separately, a Meridian talk showed lab tests reaching 2-second blocks at 3,000 transfers per second, with a target of 900-millisecond blocks at 10,000.

Stellar Registry, built by The Aha Company, presented at the November 12 Developer Meeting: npm-style contract discovery for Soroban, with deployed contracts browsable by name, typed Rust client imports and versioned sub-registries. A community proposal to pipeline SCP showed 1.9x throughput at k=2 for 5-8% more latency, and its author has posted a draft CAP. Discussion also continued on a SEP clear-signing standard for Soroban invocations.

StellarExpert shipped API v0.3.0 with breaking changes to authentication, pagination and response formats; integrations may need updates. SCF #46 RFPs are open for web and API analytics for Stellar projects and an XDR test kit for indexers and SDKs, closing November 20.

Regional Activity and Agentic Payments

Stellar moved from ninth to second globally by developer count over the past year, according to Meridian figures in Stellar Türkiye's recap. In the same piece, José Fernández da Ponte set out SDF's three priorities for the next five years: more builders, more payment and stablecoin volume, and more on-chain assets in real use.

Tellus Cooperative and Stellar Chile opened a hub in Providencia in September, run Stellar Academy at UFRO in Temuco, brought eight Chilean projects to HackMeridian and sent ten ambassadors to Meridian. Diego Poveda's Local402 extends x402 so API calls can be priced in local currencies, converted through Reflector, while settling in exact USDC via a Soroswap atomic swap. It is live on mainnet and won first place in Find Your Way. StarMaker LATAM's Código 402 bootcamp is running in Mexico through November 24, and Costa Rica's Pura Vida Bootcamp with Oppia Labs has more than 120 enrolled. SDF's x402 explainer made the case: card fees of 10 to 30 cents make sub-$1 payments impractical, and x402 opens per-call pricing for agents.

Lightning Round

  • COCA: 72% more new users and 114% more card activations in October, plus a Stablerail partnership for stablecoin banking.
  • WalletConnect Pay is live on LOBSTR, with XLM fees covered for USDC payments.
  • Soroswap and DeFindex are now live inside Seidar, next to its lending and vaults.
  • xBull opened a beta of its new wallet: regular G accounts with no seed phrase, secured by device passkeys.
  • XOXNO opened an Immunefi bug bounty for its Stellar contracts.
  • SODA, the SODAX governance token, now trades on Soroswap.
  • Merkle Science tracks 41 tokens and has attributed over 100,000 addresses on Stellar and Soroban.
  • Stellar Debugger offers time-travel debugging for Soroban contracts.
  • Lumen Loop introduced its new team on November 12: founder Raph with Amanda (content lead), Joaquin (creative director) and Gloria (head of growth). Its v2 shifts the site from a news aggregator to a visibility and growth channel for Stellar builders.
  • Our breakdown of the SCF Q4 Public Goods vote, the first held on mainnet: 23 of 24 proposals approved for $581,100.

Upcoming Events

Ambassador Activity

Stellar Philippines spotlighted Lantern Wallet's Instawards progress: an on-chain scam registry, a transaction scanner, and warnings that flag suspicious transactions before users sign. Stellar Brazil met on November 9 with 50+ attendees, walking through the Portuguese Seja Stellar guide to SCF roles and the Instawards application steps. Stellar Turkey hosted a Builder Sohbet on November 13 with Corra Money's founder on cross-border payment infrastructure.

What to Watch

  • November 20: SCF #46 RFP submissions close at 9am PT. Builders need an approved interest form first.
  • November 23: The Protocol 30 (Bell) mainnet validator vote at 17:00 UTC.
  • Remura mainnet: Remi says mainnet comes next, with a waitlist open for banks, MTOs and payment providers.
  • Stellar Codember Perú: Runs November 14 through December 5, with teams building testnet MVPs toward a Demo Day at UTEC.
Mentioned projects
25 projects linked
A
ArfApplications
Cross-Border PaymentsB2BLiquidity

Global Liquidity and Settlement Platform for Financial Institutions in Global Payments

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B
BenjiFinancial Protocols
TokenizationInstitutionalRWA

Benji Investments is a platform developed by Franklin Templeton that allows investors to access tokenized securities and cryptoc…

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C
CocaApplications
SCF
MobileSoftware WalletMPC

COCA is a digital wallet that integrates Multi-Party Computation technology with a non-custodial debit card, offering enhanced s…

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D
DeFindexFinancial Protocols
SCF
YieldDeFi

​DeFindex helps wallet providers to offer savings accounts to their users easily, through a diversified DeFi portfolio. Also, It…

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F
FigureFinancial Protocols
RWAStablecoinsLending & Borrowing

Figure is America's #1 non-bank HELOC lender, building the future of capital markets on blockchain. Built on Provenance Blockcha…

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H
HumaFinancial Protocols
SCFAudited
DeFiLending & BorrowingMulti-Chain

Huma Finance is the first Payment Financing (PayFi) network, designed to provide instant liquidity solutions for global payments…

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L
LobstrApplications
SCF
P2PMobileSoftware Wallet

LOBSTR is a web and mobile wallet that enables users to interact with the Stellar network and its decentralized exchange. It sup…

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L
Lumen LoopApplications
SCF
Ecosystem DiscoveryAICommunity

Lumen Loop aggregates the latest news, projects and events from the Stellar ecosystem into one central hub.

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M
Merkle ScienceDeveloper Tooling
SCF
SecurityRisk ManagementAnalytics

Merkle Science is a predictive Web3 risk and intelligence platform providing crypto threat detection, transaction monitoring, ri…

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M
MoneygramApplications
PaymentsRemittancesOn-Off Ramp

MoneyGram is a global leader in cross-border P2P payments and money transfers, operating in over 200 countries and territories. …

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O
OndoFinancial Protocols
RWATokenizationStablecoins

Ondo Finance delivers institutional-grade tokenized real-world assets (RWAs) onchain. Products include USDY (a yield-bearing sta…

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R
RangeInfrastructure & Services
SCF
Cross-ChainBridgeAnalytics

This proposal seeks to build a Steller Bridge Explorer, and integrate Stellar with Range’s Cross-Chain Explorer and Range Trail,…

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R
ReflectorInfrastructure & Services
SCFAudited
OracleMulti Signatures

Decentralized price feed oracle for Stellar DeFi smart contracts to support derivatives, lending, and asset management.

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R
RemiFinancial Protocols
SCF
InfrastructureCross-Border PaymentsPayments

Borderless settlement infrastructure connecting network operators and participants for instant, transparent and compliant global…

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S
SODAXFinancial Protocols
SCF
DEXDeFiInfrastructure

A cross-network execution and liquidity system spanning 20 networks, including native Bitcoin and tokenized equities (xStocks). …

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S
SoroswapFinancial Protocols
SCFAudited
DEXDeFi

Open-source AMM protocol and AMM Aggregator with Ecosystem Interoperability for providing liquidity and trading Stellar Assets i…

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S
SpikoFinancial Protocols
Audited
TokenizationRWAInstitutional

Tokenized money market fund platform enabling users to earn daily interest on cash through Treasury Bill investments.

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S
Stellar ExpertInfrastructure & Services
Block ExplorerAnalytics

StellarExpert is a comprehensive block explorer and analytics platform for the Stellar Network, providing detailed statistics, p…

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S
Stellar RegistryDeveloper Tooling
SCF
DevXSDKInfrastructure

A naming and discovery system for deployed smart contracts on the Stellar network. Lets developers browse WebAssembly modules (W…

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T
Tellus CooperativeEducation & Community
SCF
Community

Advocates for sustainable finance in LATAM with open source software, educational materials, and solutions for everyday people.

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T
Templar ProtocolFinancial Protocols
DeFiLending & BorrowingCross-Chain

Decentralized lending protocol allowing users to borrow dollars against Bitcoin collateral without centralized intermediaries.

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T
Token TerminalInfrastructure & Services
SCF
AnalyticsInfrastructureAPI

Full-stack on-chain data platform providing financial and usage metrics for blockchain protocols including Stellar, with institu…

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W
WisdomTreeFinancial Protocols
TokenizationRWAInstitutional

WisdomTree Prime is a retail financial app that enables users to invest in digital assets, including 13 digital funds and a Gold…

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X
xBullApplications
SCF
BrowserSoftware WalletP2P

xBull Wallet is an open-source, non-custodial wallet designed for managing Stellar assets, offering a user-friendly interface an…

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X
XOXNOFinancial Protocols
SCF
DeFiLending & BorrowingBridge

XOXNO is an enterprise-grade decentralized lending protocol built on Stellar's Soroban smart contract platform. It opens up adva…

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