According to data published by RWA Foundation and compiled by Token Terminal, the blockchain Stellar ( XLM ), jointly founded by Jed McCaleb, has become the leading network in terms of daily market value growth for tokenized real-world assets ( RWA ) funds.

Within 24 hours as of November 13th, the market value of the tokenized fund on Stellar increased by $44.9 million, surpassing that of Ethereum and Solana.

During the same period, the market values of the tokenization funds on Solana, Ethereum, and zkSync Era increased by $29 million, $10.8 million, and $3.5 million respectively.

According to the data from Token Terminal, Stellar is currently the second-largest tokenized fund blockchain, only behind Ethereum. Data from rwa.xyz shows that over the past year, the market size of RWA on Stellar has grown by approximately six times, reaching 4.67 billion US dollars. At the time of publication, the price of XLM was 0.1476 US dollars.

Stellar Development Foundation indicates that Stellar takes into account the needs of banks and transfer agencies during its design. In this context, compliance tools are built into the foundational layer of the network, allowing issuers to trustlines review investors, freeze accounts, and recover assets.

Transactions on Stellar can be settled within 3 to 5 seconds, with network fees amounting to just a fraction of a cent. In addition, users can also transfer funds between fiat currency and on-chain assets through local service providers, who are referred to as anchors within the Stellar ecosystem.

Franklin Templeton has been using Stellar since 2021.

The BENJI money market fund of Franklin Templeton has been operating on Stellar since 2021, and it is the first American mutual fund to be deployed on a public blockchain.

Currently, Spiko, Ondo, and WisdomTree are also building their own funds and tokenized U.S. Treasury products on Stellar. Spiko offers euro funds managed by Orient Asset Management ( Amundi), while Ondo has already launched its USDY tokens on that network.

In May 2026, DTCC and Stellar Development Foundation announced that the custodian trust company (DTC) would tokenize their managed assets on Stellar. According to DTCC, the tokenized assets are expected to be launched on that network in the first half of 2027.

On November 12, DTCC also announced that it would connect its tokenization services to Solana in the second half of 2027.