87%
No
▼ 1 pts in 24 h
- No ▼1 87%
- Yes ▲1 13%
No, last 16 days
partnership
Stellar (XLM) Lands Chainlink to Wake Up $3.5 Billion in Tokenized Real-World Assets
0Importance
closedStatus
3News media
3Pieces
- Published
- Updated
- Since then
- 2 new reports
- Also mentions
- ETH
Stellar deployed Chainlink oracle infrastructure on its mainnet through the Chainlink Scale program. The Stellar Development Foundation said it will cover the operating costs to connect more than $3.54 billion in tokenized real-world assets that had been sitting largely unused on the network to decentralized markets. The move was presented as part of a push to strengthen Stellar’s role in structural DeFi and to compete with Ethereum in that area.
Key claims & sources
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Stellar was described as using Chainlink to wake up $3.5 billion in tokenized real-world assets on its network.
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The arrangement was framed as part of Stellar’s effort to challenge Ethereum in structural DeFi.
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Stellar put Chainlink oracle infrastructure on its mainnet through the Chainlink Scale program.
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The Stellar Development Foundation said it will pay the operational costs for connecting more than $3.54 billion in tokenized RWAs to decentralized markets.
What it means
Stellar users and participants in tokenized real-world assets are the ones who would notice this first, because the network now has Chainlink oracle infrastructure on mainnet and the foundation said it will cover the operating costs to connect those assets to decentralized markets. That changes what can be connected on Stellar today, while the assets in question had previously sat largely unused on the network.
Market reaction i
-1.3%
2 h before
-0.2%
4 h after
$2,437price at publication
12data points
The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.
Coverage timeline
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
first
U.Today
scoop
Oct 14 15:36
U.Today
scoop
Breaks the event: $3.5B
+3 h 39 m
Crypto Economy
adds
Oct 14 19:15
Crypto Economy
adds
Sharpens the figure: $3.5B
+4 h 37 m
Crypto Briefing
context
Oct 14 20:13
Crypto Briefing
context
Its angle: capabilities, competitive, potentially
Has this happened before?
| When | What happened | Figure |
|---|---|---|
| 28 days ago | FLock.io Adds Chainlink CCIP for Multichain FLOCK event | 2 actors in common · 2 news media |
| 28 days ago | Animoca Brands partners with Franklin Templeton to expand NUVA’s tokenized asset lineup event | 1 actors in common · 4 news media |
| 29 days ago | Tokenized Securities Firm KoreInside Targets Ethereum, Solana And Avalanche With New Web3 Partnership event | 1 actors in common · 3 news media |
| 29 days ago | BitGo And HashKey Expand Asia Partnership Across Staking, Custody And Tokenization event | 1 actors in common · 6 news media |
| 29 days ago | Robinhood Chain plugs into NEAR Intents for swaps across 180+ assets event | 1 actors in common · 2 news media |