Stellar Hits $4B+ in RWA's: Why Wall Street Institutions Are Choosing Stellar | Denelle Dixon
Tokenized real-world assets on Stellar are nearing $4 billion, up about 360% this year. Camila Russo sits down with Denelle Dixon, CEO and Executive Director of the Stellar Development Foundation, to unpack what's driving it: Franklin Templeton's BENJI, Spiko's fast-growing funds, and a wave of institutions moving on-chain. They cover U.S. Bank's stablecoin pilot on Stellar (mint, cross-border transfer, redemption, clawback and freeze), MoneyGram's stablecoin card in Colombia, and DTCC's tokenization plans targeting the first half of 2027. Plus: why so few RWAs are used in DeFi, how RedStone is filling the 24/7 pricing gap, and why open public networks are beating permissioned chains.
00:00 – Intro: U.S. Bank's stablecoin test
00:28 – Welcome Denelle Dixon, CEO of the Stellar Development Foundation
00:59 – Stellar hits ~$4B in tokenized RWAs: what's driving the growth
02:44 – The top issuers: Franklin Templeton's BENJI and Spiko
04:08 – Should issuer concentration be a concern?
06:27 – Why so few RWAs are being used in DeFi
07:34 – RedStone and 24/7 pricing for RWAs
09:40 – U.S. Bank's stablecoin pilot on Stellar
11:57 – MoneyGram's stablecoin card in Colombia
14:27 – The "barbell": retail and institutional on one network
15:23 – Why institutions choose Stellar
16:50 – Composable privacy for institutions
17:38 – DTCC and the 2027 tokenization timeline
20:05 – What institutions need: uptime, compliance and privacy
23:16 – Open public networks vs. permissioned chains
26:10 –…