Research on
Aquarius.

STBL's USST tokenized RWA launched on Stellar with nearly 3 million tokens minted in its first day, joined by Open USD (Visa/Mastercard-backed) announcing for Stellar. OpenZeppelin released Confidential Tokens as a testnet preview and Protocol 27 (Zipper) heads to a mainnet validator vote on July 8.

Mastercard expands settlement on Stellar with regulated stablecoins; SDF's institutional infrastructure report counts $1.4B tokenized RWAs and $2.3B monthly stablecoin volume. Circle's CCTP goes live, Allbridge integrates for native USDC, and Protocol 25 quantum readiness roadmap launches.

Upshift is launching multi-chain vault infrastructure on Stellar, marking its first non-EVM integration. Initial vaults deploy into Blend, Aquarius, SushiSwap, and Templar with institutional-grade reporting via its Securitize partnership. The move opens a distribution channel to external capital already using Upshift across 30+ EVM chains.

Aquarius's Asset Eligibility Registry closed a three-year gap in governance. Rather than reactively downvoting spam markets, Proposal 125 moved to an allowlist: only community-approved assets qualify for AQUA emissions. The shift reflects a broader move from reactive to proactive protocol design.