Stellar aims to revolutionize the world of real-world assets by holding $3 billion on its blockchain by end of 2025, with partnerships and tokenization driving growth.
Stellar’s Ambitious Plan for $3 Billion in Real-World Assets by 2025
The Stellar Development Foundation has set an ambitious goal to hold $3 billion in real-world assets (RWA) on its blockchain by the end of 2025, a 10x increase from last year. This growth is made possible through new partnerships with leading institutions such as Paxos, Ondo, Etherfuse, and SG Forge.
The Stellar Development Foundation (SDF) is a non-profit organization that supports the development and growth of the Stellar network.
Founded in 2015, SDF aims to promote financial inclusion and accessibility through open-source technology.
The foundation provides grants, resources, and expertise to developers working on Stellar-related projects.
With a focus on community engagement and collaboration, SDF has played a crucial role in shaping the Stellar ecosystem.
Key Partnerships Driving Growth
Stellar has established relationships with several prominent organizations to drive this growth. In addition to existing partnerships with Franklin Templeton and Wisdom Tree, the foundation is now working with Paxos, a well-established financial services company. These partnerships will enable Stellar to tap into new markets and expand its reach in the world of real-world assets.
The Power of Tokenization
Tokenizing traditional financial assets has become increasingly popular among traditional finance firms over the past year. Companies like BlackRock have entered this space, and Stellar is well-positioned to facilitate these transactions. By enabling fast and low-cost cross-border transactions between any pair of currencies or assets, Stellar aims to power $110 billion in RWA volume by 2025.
A New Era for Real-World Assets
‘Lauren Thorbjornsen, VP and chief of staff at the Stellar Development Foundation, stated that the goal is to hold $3 billion in real-world asset value on Stellar** in 2025. This represents a significant increase from last year’s $290 million. The foundation believes that growth is already happening on the network, with notable progress made in the first quarter of this year.’
A Fast-Track to Adoption
Stellar was established in 2014 by former Ripple CTO Jed McCaleb and is designed to facilitate fast and low-cost cross-border transactions between any pair of currencies or assets. With its ambitious plans for real-world assets, Stellar is poised to become a major player in the world of blockchain technology.
Conclusion
The Stellar Development Foundation’s goal to hold $3 billion in real-world assets on its blockchain by 2025 represents a significant milestone in the adoption of blockchain technology. With its partnerships with leading institutions and its focus on facilitating fast and low-cost cross-border transactions, Stellar is well-positioned to drive growth in this space.
