XLM Price Falls Below $0.20 Ahead of DTCC Tokenization Launch
XLM's price has fallen to $0.172 after retreating from above $0.20 in late August, as momentum weakened ahead of DTCC's October tokenization launch.
The Depository Trust & Clearing Corporation (DTCC) plans to launch its tokenization service in October, following live production transactions with tokenized DTC-custodied assets in July.
Although XLM has fallen below $0.20, the token is expected to be part of the broader rollout plan for DTCC's tokenization service, which will connect with the Stellar public blockchain and put tokenized DTC assets on the network by the first half of 2027.