Stellar reaches the $1 billion mark in RWA

The Stellar network has reached a significant milestone as the total value of real-world assets tokenized (RWA) on this blockchain approaches $1 billion, representing a growth of nearly 180% compared to the same period last year. This achievement reinforces Stellar’s position as a leading infrastructure for regulated financial products and organizational treasuries.

The main growth driver comes from tokenized money market funds and government bonds. Notably, Franklin Templeton’s Benji Investments platform, with the BENJI token issued directly on Stellar—representing shares of the US government bond fund—has reached a market capitalization of approximately $881.5 million.

The development momentum is expected to continue strongly with the Protocol 25 (X-Ray) upgrade, scheduled for voting activation on 01/22/2026. This upgrade integrates zero-knowledge cryptography, enabling secure smart contracts that still meet audit requirements— a key factor for European and Singaporean banks.

Beyond the financial sector, Stellar also demonstrates practical value in global aid distribution. Moving into 2026, Stellar is now the second-largest blockchain in the world by tokenized treasury, after Ethereum, and is preparing to introduce more RWA integrations at Meridian 2026 in Abu Dhabi.