The value of tokenized real-world assets (RWA) in Stellar is expected to grow nearly 360% to nearly $4 billion in 2026, up from $868.8 million at the end of last year, according to a Dune Analytics dashboard maintained by Stellar.
RWA market cap of the network standing $3.996 billion as of Aug. 29, spanning U.S. Treasuries, private and public credit, non-U.S. government debt and other tokenized asset classes.
The market is concentrated among a handful of issuers. Stellar’s RWA value as of Aug. 27 includes Spiko at $1.55 billion, Realiz at $559 million, Tradable at $548 million, Franklin Templeton at $546 million and Ondo at $535 million.
Stellar’s RWA Market Cap to Rise in 2026 Source: Dunn Analytics/Stellar
Stellar has gained ground in non-U.S. government debt. RWA.xyz citing data, Stellar Development Foundation said The network held about $490 million in asset classes as of Aug. 20, including tokenized Mexican CETES and Brazilian government bonds issued through Etherfuse.
Source: Stellarorg
Despite the increase in RWA, the blockchain’s native XLM token is down nearly 11% year-to-date, trading around $0.18, according to CoinGecko Information.
Related: Coinbase tokenized stocks live on base with Chainlink price feed
Institutional adoption drives Stellar’s RWA growth
This expansion comes as financial institutions and tokenization platforms deepen their use of the network
In May, the Depository Trust and Clearing Corporation (DTCC) announced plans to connect its tokenization service to Stellar, with DTC-tokenized assets expected to be available on the network in the first half of 2027. The integration could eventually support tokenized US Treasuries, major index ETFs and Russell 1000 stocks.
That institutional push continued in July, when tokenization platform tradable Stellar announced plans to bring up to $1 billion in private credit assets. The integration is designed to support compliance, investor onboarding and asset lifecycle management, with $1.7 billion in private credit that Tradable has already tokenized in nearly 30 locations.
Stellar has also expanded its role in digital payments. MoneyGram launched its MGUSD dollar stablecoin on the network in June, allowing users to hold dollar-denominated balances and transfer funds through its global payments network.
MGUSD has roughly $438 million in reserve-verified stablecoins currently issued in Stellar, according to Dune Dashboard.
Stellar’s RWA and stablecoin market caps. Source: Dunn Analytics/Stellar
