Stellar, @StellarOrg, holds $4.11 billion in distributed real-world assets across 24,972 holders. Figures in this report come from rwa.xyz, @RWA_xyz, on November 4, 2026 unless stated otherwise.
Stellar is where asset managers issue tokenized funds. This report covers the chain first, then the builders, each with its own numbers.
01Stellar is a home for tokenized funds
Distributed RWA value on Stellar grew 17.04% in the last 30 days, and the holder count grew 10.04%. On the DeFi side, DefiLlama, @DefiLlama, counts $223.3 million in TVL on the chain.
0224,972 holders and 84 assets
Stellar carries 84 RWAs, which moved $666.07 million over the last 30 days, up 17.14%. Represented asset value, tokens that mirror assets held on other ledgers, is $77.60 million.
03Funds hold the most value
Spiko, @Spiko_finance, is the largest platform on Stellar at $2.0 billion across nine assets.
Franklin Templeton, @FTDA_US, runs Benji Investments at $828.4 million across three products: BENJI at $739.2 million, gBENJI at $52.8 million and sgBENJI at $36.4 million. That total is up 36.9% in 30 days, from $605.2 million. Ondo, @Ondo, issues USDY on Stellar at $538.5 million.
Realiz issues the VuMe Bond 2030 at $500.0 million, and Galaxy, @galaxyhq, holds $75.1 million in one asset.
04WisdomTree runs its onchain funds on Stellar
WisdomTree, @WisdomTreeFunds, issues 16 assets on Stellar worth $39.5 million. Its onchain arm, @WisdomTreeOnchn, runs WisdomTree Prime on the chain, per Lumen Loop, @lumenloop.
05Centrifuge and Janus Henderson
Centrifuge, @centrifuge, holds $30.0 million across four assets on Stellar. Janus Henderson and Centrifuge launched JQQQ, an issuer-sponsored fund that tracks the Nasdaq-100, on Stellar on October 27, 2026, per CoinDesk.
Centrifuge also brought New York Life Investment Management's high-yield corporate bond strategy onchain as HYB and deHYB in October.
06Government bills, gold and repo
Archax, @ArchaxEx, announced EUR GOVY, a euro government bill token, on Stellar on October 28 at Meridian 2026 in Lisbon. It joins USD GOVY, which launched on Stellar, Ethereum and Hedera in June.
Ascend and @m1xglobal completed the first institutional repo on Stellar on October 23. It used USDM1, a sovereign bond token backed by short-duration U.S. Treasuries, with 72 hourly rolls from October 16 to 19, priced at SOFR plus 10 basis points.
Matrixdock, @matrixdock, brought XAUm, its tokenized gold, to Stellar on June 24, and the Stellar Development Foundation said it would invest in XAUm directly.
07Stablecoins move the volume
Stellar holds $390.36 million in stablecoins across 744.46K holders. Those dollars moved $19.81 billion in the last 30 days, up 99.06%.
Circle, @circle, leads with USDC at $321.1 million, per DefiLlama. YLDS from @Figure holds $25.3 million, EURCV $16.9 million and Circle's EURC $4.9 million. AUDD holds $2.0 million and EURS from @stasisnet $1.1 million, while USDGLO from @glodollar and USDe from @ethena each hold about $0.25 million.
PayPal USD went live on Stellar on September 18, 2025, and @PayPal users can buy it in PayPal and Venmo. Wallets including @lobstr support it, and @krakenfx opened PYUSD deposits and withdrawals on Stellar on July 28, 2026.
MXNe, a Mexican peso stablecoin from @brale_xyz and @etherfuse, launched on Stellar in May 2024.
08Payments run on Stellar
MoneyGram, @MoneyGram, holds customer app balances in USDC on Stellar, with wallets from @crossmint. The app is live in Colombia and El Salvador.
Exchanges hold Stellar assets too. @binance holds $199.7 million on Stellar, per DefiLlama, followed by @Poloniex at $18.6 million, @bitget at $8.8 million, @Gate at $6.0 million, @indodax at $4.2 million and @swissborg at $1.2 million.
09RWA DeFi on Stellar
DeFi figures in this section come from DefiLlama. Blend, @blend_capital, is the largest protocol with $125.6 million in Blend Pools V2. Stellar DeFi Hub, @stellardefihub, holds $86.7 million and Upshift, @upshift_fi, $75.7 million.
Aquarius, @AquariusDeFi, holds $39.0 million and Gami, @GamiLabs, $30.6 million. DeFindex, @defindex_, holds $18.9 million, Sushi, @SushiSwap, $15.6 million and Templar, @TemplarProtocol, $11.7 million.
DeFa by InvoiceMate, @defaprimitive, holds $4.0 million in private credit and Huma, @humafinance, $2.7 million. Soroswap, @SoroswapFinance, holds $1.2 million, Scopuly, @scopuly, $1.0 million and Spectra, @spectra_finance, $0.8 million.
10More builders on Stellar
Funds and managers
NYALA issues 12 assets worth $26.9 million, and Figure, @Figure, issues one asset worth $25.3 million. Etherfuse, @etherfuse, issues Stablebonds on Stellar.
Infrastructure
Data feeds from @chainlink went live on Stellar in October. RedStone, @redstone_defi, publishes Stellar RWA research. DTCC and the Stellar Development Foundation plan to make DTC-custodied assets available on Stellar in the first half of 2027, per Crypto Briefing.
11Conclusion
Stellar carries $4.11 billion in distributed RWAs across 84 assets, and Spiko, Franklin Templeton, Ondo and Realiz account for about 94% of it.
Asset managers issue funds on Stellar, Circle and PayPal move dollars on it, and Blend and Aquarius put assets to work. Distributed value grew 17.04% in the last 30 days alone.
Stellar, Archax and Etherfuse are proud members of RWA Foundation but have no influence on the opinions of this report. Token Terminal is RWA Foundation's data partner. This report is for informational purposes only and is not investment advice.