- The value of real-world assets (RWA on Stellar) will exceed $2 billion by mid-2026.
- The SEP-40 standard defines the uniform interface through which the network’s smart contracts request price data.
- Red Stone has implemented this standard with production support for nine assets on the blockchain.
This is evident from the half-year figures Stellar RWA ecosystem has experienced a remarkable expansion, surpassing $2 billion in tokenized assets. These numbers reflect a 4x increase in its size over a twelve-month period, within a global context that saw this market grow from $6 billion to over $31 billion between early 2025 and mid-2026.
Notably, this network formally began institutional issuance in 2021, when Franklin Templeton introduced the regulated FOBXX fund. After that, other companies such as WisdomTree, Ondo, Paxos and Société Générale Forge joined the infrastructure development on this blockchain due to its low cost and design focused on asset issuance.
Infrastructure challenges and the SEP-40 standard solution
This growth in tokenized financial instruments comes with technical challenges beyond simple blockchain issuance. Decentralized finance platforms require standardized mechanisms to set prices, make loans and carry out liquidations efficiently.
The cross-contractual calling model of the Soroban environment Stellar causes oracle integrations that do not follow a common standard to increase gas costs and technical complexity. To address this problem, the SEP-40 standard features a unified interface that determines how the network’s apps consume pricing data, regardless of the provider used.
The protocol has technical specifications according to which the SEP-40-based implementation allows smart contracts to request information via last price, multi-record or point-in-time price calls. The design includes detailed timestamps for each data record, making it easier for protocols to verify the validity of the information before processing financial transactions.
Risk management and valuation of financial securities
The use of tokenized private credit as collateral in DeFi operations exhibits valuation dynamics significantly different from those of native crypto assets such as ETH. While traditional liquid assets are continuously traded on multiple global platforms, the value of private fixed income or credit instruments depends on the underlying credit quality and repayment terms of the issuer.
According to the source consulted, a data feed based solely on the previous day’s net asset value (NAV) may not accurately reflect current credit risk in times of crisis. market volatility.
To meet this operational need, the data infrastructure provides high-frequency collateral valuations through a standardized architecture. The integration of these data feeds into the ecosystem aims to convert issued assets into liquid, usable financial instruments for institutional capital.
By the end of the first half of 2026, implementation of the SEP-40 standard will include active data feeds for nine key assets on Stellarranging from stablecoins and government bonds to Bitcoin-linked products. The consolidation of this data layer forms the infrastructure component designed to support liquidity and functionality in the real asset markets within the network.