Stellar Leaps Ahead in Non-US Government Debt Tokenization
Stellar has taken the lead in tokenized non-US government debt on public blockchains, hosting approximately $490 million in such assets as of February.
This marks a significant shift towards real-world asset tokenization, with blockchain-based financial markets expanding beyond US government securities and dollar-denominated stablecoins.
Institutional demand has driven the growth of tokenized debt on Stellar, with fund managers and custodians increasingly turning to the network for debt securities denominated in euros, British pounds, and other local currencies.