Report

Institutional infrastructure for global settlement and tokenized assets

Allium's onchain analysis of how Stellar is evolving into institutional-grade financial infrastructure for global settlement, tokenized assets, and programmable compliance. Drawing on data across 150+ blockchains, the report presents onchain evidence from 2023 to 2026.

What's inside:

  • Cross-border stablecoin settlement: $2.3B average monthly volume across 17 stablecoins and 9+ fiat currencies
  • Institutional treasury and yield: Blend Protocol ($88M TVL, 12–18% APY) and a protocol-native DEX
  • Compliance and risk infrastructure: protocol-native clawback, freeze, and authorization, with 79.3M clawback operations executed
  • Tokenized real-world assets: 67 products totaling $1.4B from 10 regulated issuers including Franklin Templeton, Spiko, and WisdomTree
  • Developer and technical infrastructure: 52.8M monthly smart contract invocations
  • Ecosystem spotlights: MoneyGram, PayPal PYUSD, and the Marshall Islands USDM1 program

March 2026 · Powered by Allium