Stellar Dominates Non-US Public Debt Tokenization with $490M on-Chain

The Stellar Network is setting a precedent in the financial sector by tokenizing nearly $490 million of non-U.S. public debt and maintaining these assets on-chain.

This milestone makes Stellar the leading public blockchain in this emerging sector, surpassing its peers in tokenizing real-world assets beyond U.S. government bonds and dollar-backed stablecoins.

Recent data indicates that Stellar has maintained its top position since February, highlighting a shift towards tokenizing non-U.S. sovereign debt instruments.

The network is hosting approximately $490 million in tokenized non-U.S. public debt, outpacing other blockchain networks in this category.