Major partnerships between crypto firms, blockchains & traditional finance institutions may be kept in secret for many years. Stellar’s partnership with DTCC separates itself from the broader 50+ multi-chain programme.
A few weeks ago, The Depository Trust & Clearing Corporation (DTCC) named Stellar (XLM) as the inaugural blockchain for their $114 trillion stock tokenization project. The Real-World Asset (RWA) platform is set to go live on Stellar at the beginning of 2027, while other popular DLT blockchains are to follow.
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“It’s all based on tech. Stellar was built for this from day one.”
Picking up the tech stack doesn’t necessarily imply the developers are notified of an adoption immediately – “that’s the beauty of a public blockchain”, described Stellar’s CEO Denelle Dixon.
How Stellar’s Natural Advantage Shines In Courts
“Necessary compliance standpoints built in at the core” are also mentioned as a key factor. Practically, SWIFT has rolled out the ISO 20022 gold messaging standard this year, encircling most major banks in Europe seeking for immediate payment settlement. Clearly, this gives Stellar (XLM) an advantage over digital assets without native ISO 20022 support.
In the United States, the legal wins are ever bigger. Back in March, both the SEC & the CFTC applied the ‘digital commodity’ status to Stellar’s XLM. This makes Stellar Lumens (XLM) an extremely attractive digital asset for institutional players, easily qualifying as one of the better-regulated utility altcoins.
In addition to that, the privacy protocols Denelle Dixon’s referring to on Stellar Network deliver a combination of compliance-first features added atop of the base layer. This way, institutions can choose how much privacy they want, making the chain capable of the same as Monero (XMR) & ZCash (ZEC), but with far less limitations on the legal side.
DTCC’s Relationship With Stellar Goes Way Back
That’s defined as ‘rational privacy’ – you can stay fully transparent if that serves the purpose. Moreover, Stellar Foundation’s status as a United States-based non-profit without any ongoing legal troubles helps the adoption rate. The DTCC’s Managing Director & Chief Technology Officer (CTO) Dan Doney had this to say about Stellar Foundation:
“The Stellar Development Foundation Team is top notch. Their network has been trusted for many years – the efficiency and scale of their network makes trading and corporate actions processing practical & blazing fast”.
Coming from the largest clearing house in America, this public recognition hints at long-term trust: after all, Stellar’s developers have been working with DTCC’s digital assets team members during the 2018-2019 period.
Surviving many crypto winters, Stellar’s technology stack is now seeing rapid adoption in payment corridors in both Europe & the United States.
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