Stellar Surpasses Ethereum in Tokenized Non-US Government Debt

Stellar's tokenized non-US government debt has surpassed Ethereum's, making it the leading network in this category. The price of Stellar (XLM) is currently $0.1922, up 4.4% over the past 24 hours.

The network has maintained its lead since February, with data from RWA.xyz showing that Stellar holds around $490 million in tokenized sovereign debt issued outside the US, more than any other blockchain.

This growth is particularly notable in smaller categories, such as sovereign debt denominated in currencies other than the dollar. These categories are tied to a larger share of governments and businesses that don't primarily operate in dollars.