Key Takeaways
- • Stellar posted the largest one-day increase in tokenized real-world asset fund market capitalization among major blockchains, adding $44.9 million in the 24 hours through November 13, 2026, according to RWA Foundation figures distributed through Token Terminal.
- • Solana added $29 million, Ethereum $10.8 million and zkSync Era $3.5 million over the same window, so Stellar's daily gain outpaced all three.
- • Ethereum still leads tokenized fund assets by total value, with Stellar second; rwa.xyz data put Stellar's RWA market at $4.67 billion, roughly six times its level a year earlier.
- • Stellar's compliance features, including investor screening, account freezes and asset clawbacks, have attracted Franklin Templeton's BENJI fund and products from Spiko, Ondo and WisdomTree.
- • DTCC plans to tokenize custody-held assets on Stellar, with a live launch expected in the first half of 2027.
Summary
Stellar recorded the biggest one-day gain in tokenized real-world asset (RWA) fund market capitalization among major blockchains, adding $44.9 million in the 24 hours through November 13, 2026. Figures compiled by the RWA Foundation and distributed through Token Terminal show Solana rising $29 million over the same window, Ethereum $10.8 million and zkSync Era $3.5 million. The daily movement did not alter the broader ranking: Ethereum remains the largest network for tokenized funds by total assets, with Stellar in second place. Data from rwa.xyz put the total value of Stellar's RWA market at $4.67 billion, roughly six times its level a year earlier. XLM, the network's native token, was quoted at $0.1476 at the time of publication.
The Stellar Development Foundation, the nonprofit that supports the network, says the chain was designed around the requirements of banks and transfer agents rather than retrofitted for them. Issuers can screen investors through the trustline structure, freeze accounts and exercise recall rights on assets when needed. Foundation executives have described these controls, including asset clawbacks and account freezes, as core to the architecture and as a factor giving regulated institutions confidence to issue on the chain. Settlement completes in three to five seconds, and transaction fees are a fraction of a cent. Users move between fiat and on-chain assets through local providers known as anchors.
The institutional lineup is expanding. Franklin Templeton's BENJI money market fund has run on Stellar since 2021 and is billed as the first U.S. mutual fund on a public blockchain. Spiko, Ondo and WisdomTree are also building products on the network, including tokenized U.S. Treasury offerings. Spiko works with Amundi on euro-denominated funds, and Ondo has launched its USDY token on Stellar.
The most closely watched project is the tie-up between the Depository Trust & Clearing Corporation (DTCC) and the Stellar Development Foundation, announced in May 2026. Under the arrangement, the Depository Trust Company will tokenize custody-held assets on Stellar, with a live launch expected in the first half of 2027. DTCC, which handles clearing and settlement for the bulk of U.S. securities transactions, has said it will extend the service to Solana in the second half of 2027, with Stellar first in line.
For investors, the daily figure reflects a snapshot of flows rather than a shift in standings, but it indicates where issuance is concentrating as banks and asset managers test public chains. Whether the momentum holds will depend on how quickly tokenized Treasury and money market products move from pilot programs into routine settlement.
The Stellar Development Foundation, the nonprofit that supports the network, says the chain was designed around the requirements of banks and transfer agents rather than retrofitted for them. Issuers can screen investors through the trustline structure, freeze accounts and exercise recall rights on assets when needed. Foundation executives have described these controls, including asset clawbacks and account freezes, as core to the architecture and as a factor giving regulated institutions confidence to issue on the chain. Settlement completes in three to five seconds, and transaction fees are a fraction of a cent. Users move between fiat and on-chain assets through local providers known as anchors.
The institutional lineup is expanding. Franklin Templeton's BENJI money market fund has run on Stellar since 2021 and is billed as the first U.S. mutual fund on a public blockchain. Spiko, Ondo and WisdomTree are also building products on the network, including tokenized U.S. Treasury offerings. Spiko works with Amundi on euro-denominated funds, and Ondo has launched its USDY token on Stellar.
The most closely watched project is the tie-up between the Depository Trust & Clearing Corporation (DTCC) and the Stellar Development Foundation, announced in May 2026. Under the arrangement, the Depository Trust Company will tokenize custody-held assets on Stellar, with a live launch expected in the first half of 2027. DTCC, which handles clearing and settlement for the bulk of U.S. securities transactions, has said it will extend the service to Solana in the second half of 2027, with Stellar first in line.
For investors, the daily figure reflects a snapshot of flows rather than a shift in standings, but it indicates where issuance is concentrating as banks and asset managers test public chains. Whether the momentum holds will depend on how quickly tokenized Treasury and money market products move from pilot programs into routine settlement.
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