ChainCatcher report, according to The Defiant, Oracle provider RedStone reported that tokenized RWA assets on the Stellar chain surpassed $3 billion in July, a significant increase from $785 million in January, while DeFi’s total value locked remained at just $213 million. The lending protocol Blend holds $127 million, with pools accepting RWA as collateral totaling slightly over $2 million, indicating that RWA issuance has outpaced on-chain availability. Growth was primarily driven by four products: Amundi and Spiko’s overnight swap fund ($713 million), Spiko’s T-Bill fund ($536 million), Ondo USDY (over $533 million), and VuMe Bond 2030 ($500 million). RedStone noted that RWA settlement cycles are incompatible with the 24/7 on-chain lending market, with pricing mechanisms being the current main bottleneck. Stellar already has 55 SEP-40 price data sources provided by RedStone. RedStone also mentioned DTCC’s plan to bring its $114 trillion in custodied assets onto Stellar by 2027.
Stellar RWA Assets Exceed $3 Billion, Surpass DeFi TVL
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Summary
In July, Stellar’s real-world assets (RWA) reached a major milestone as tokenized RWA assets surpassed $3 billion, up from $785 million in January. DeFi TVL remains at $213 million, underscoring the accelerating momentum in RWA adoption. Key projects include the Amundi and Spiko Overnight Swap Fund ($713 million), the Spiko T-Bill Fund ($536 million), Ondo USDY (over $533 million), and VuMe Bond 2030 ($500 million). RedStone highlights settlement cycle mismatches and pricing mechanisms as current challenges.
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