The Reference · Settlement network
Stellar.
XLM · 2014. A payments and asset-issuance network designed for low-cost transfers and anchored fiat on/off ramps, adopted by institutional issuers for tokenized funds and cross-border disbursement.
The institutional read
One of the quiet institutional workhorses: asset issuance with built-in compliance controls and a record of regulated fund tokenization — squarely relevant to the firm's RWA practice.
Where this network appears in the firm's work