Stellar Reaches $3 Billion in Tokenized Real-World Assets

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The total market cap of tokenized real-world assets (RWAs) on the Stellar network has moved above $3 billion.

The team behind the network has announced this milestone, adding that it quickly surpassed the first $2 billion since the beginning of 2026.

3 milestones in 6 months

At the time of writing on Friday evening (UTC), the RWA market cap on Stellar stands at $3,020,391,467.

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The chart shows that this number stood below half a billion USD between July 2024 and July 2025, when it finally surpassed this first milestone. It closed 2025 at $796 million.

The market cap surged at this point. By the end of January 2026, RWAs on Stellar rose above $1 billion, followed by $2 billion in April, and finally $3 billion in June. It’s currently still rising.

Franklin Templeton leads the list

Looking at issuing companies, we find Franklin Templeton at the top with nearly $571 million. Its BENJI token represents shares of its OnChain US Government Money Fund.

It’s followed by Ondo’s $530 million and Realiz’s $500 million.

As for asset subclass, US Treasuries lead with $1.23 billion, with active strategies in second place with $524.5 million.  Public credit, non-US government debt, and real estate follow with $500 million, $493.5 million, and $165.8 million, respectively.

The rest of the asset subclasses on the list sit below $50 million each.

Meanwhile, the XLM coin currently sits in the 16^th spot per market cap, totalling over $6 billion at the time of writing.

Having appreciated 1.8% in a day, it’s trading at $0.1785. Over the past day, it moved between the intraday low of $0.1715 and the intraday high of $0.1797.

That said, XLM is down 18% in a week, up 7.7% in a month, down 25% in a year, and down just below 80% from its all-time high of $0.8756 recorded in January 2018.