Stellar posted the largest one-day increase in tokenized real-world asset (RWA) fund market capitalization among major blockchains, adding $44.9 million in the 24 hours through November 13 and finishing ahead of both Ethereum and Solana, according to figures from the RWA Foundation distributed through Token Terminal.
Solana's tokenized fund market value rose $29 million over the same window, while Ethereum added $10.8 million and zkSync Era gained $3.5 million, the data show.
Note: Figures cover the 24 hours through November 13, 2026, as tracked by Token Terminal.
The daily gain did not change the broader ranking. Ethereum remains the largest network for tokenized funds by total assets, with Stellar in second place. Data from rwa.xyz put the total value of Stellar's RWA market at $4.67 billion, roughly six times its level a year earlier. XLM, the network's native token, was quoted at $0.1476 at the time of publication.
Compliance features built for regulated issuers
The Stellar Development Foundation, the nonprofit that supports the network, says Stellar was designed around the requirements of banks and transfer agents rather than retrofitted for them. Issuers can screen investors through the trustline structure, freeze accounts and exercise recall rights on assets when needed. Foundation executives have described those controls, including asset clawbacks and account freezes, as core to the architecture, a factor they say gives regulated institutions confidence to issue on the chain.
Settlement is completed in three to five seconds, and transaction fees are a fraction of a cent. Users move between fiat currencies and on-chain assets through local providers known as anchors, which act as a bridge between blockchain-based tokens and traditional money.
Institutional lineup keeps expanding
Franklin Templeton's BENJI money market fund has run on Stellar since 2021 and is billed as the first U.S. mutual fund on a public blockchain. Spiko, Ondo and WisdomTree are also building products on the network, including tokenized U.S. Treasury offerings. Spiko works with Amundi on euro-denominated funds, and Ondo has launched its USDY token on Stellar.
The most closely watched project is the tie-up between the Depository Trust & Clearing Corporation and the Stellar Development Foundation, announced in May 2026, under which the Depository Trust Company will tokenize custody-held assets on Stellar. DTCC, which handles clearing and settlement for the bulk of U.S. securities transactions, expects those tokenized assets to go live on the network in the first half of 2027. The company has said it will extend the service to Solana in the second half of 2027, with Stellar first in line.
For investors, the daily figure is a snapshot of flows rather than a shift in the standings, but it points to where issuance is concentrating as banks and asset managers test public chains. Stellar's pitch rests less on scale than on the compliance plumbing and low costs that regulated issuers need, and the DTCC project gives that argument its most visible test yet. Whether the momentum holds will depend on how quickly tokenized Treasury and money market products move from pilot programs into routine settlement.
