Stellar (XLM) Makes History With First Repo Backed by U.S. Debt
Oct 23 2026 16:30 UTC - Gamza Khanzadaev
Stellar (XLM) hosts a historic multi-million dollar interbank loan for under a cent, bypassing traditional banking infrastructure.
➤ Stellar (XLM) blockchain successfully hosted a multi-million dollar interbank repo transaction collateralized by U.S. Treasury bonds.
➤ The transaction, conducted by Ascend Markets and M1X Global, utilized smart contracts for automated collateral management, interest calculation, and settlement, operating 24/7 with minimal fees.
➤ This marks a significant precedent for institutional capital markets, demonstrating the potential for direct collateral mobilization and 24/7 liquidity on blockchain networks.
Read more at: https://rwatimes.io/articles/u-stellar-xlm-makes-history-with-first-repo-backed-by-u-s-debt-2537364894?utm_source=binance
Oct 23 2026 16:30 UTC - Gamza Khanzadaev
Stellar (XLM) hosts a historic multi-million dollar interbank loan for under a cent, bypassing traditional banking infrastructure.
➤ Stellar (XLM) blockchain successfully hosted a multi-million dollar interbank repo transaction collateralized by U.S. Treasury bonds.
➤ The transaction, conducted by Ascend Markets and M1X Global, utilized smart contracts for automated collateral management, interest calculation, and settlement, operating 24/7 with minimal fees.
➤ This marks a significant precedent for institutional capital markets, demonstrating the potential for direct collateral mobilization and 24/7 liquidity on blockchain networks.
Read more at: https://rwatimes.io/articles/u-stellar-xlm-makes-history-with-first-repo-backed-by-u-s-debt-2537364894?utm_source=binance