Stellar Completes First Regulated Treasury-Backed Repo Transaction With Sub-Cent Fees

What to KnowStellar completed its first regulated Treasury-backed repo transaction through Ascend Markets and M1X Global, using tokenized securities and USDC.Sm

• Stellar successfully executed its first regulated Treasury-backed repo transaction using tokenized U.S. Treasury securities and USDC.
• The pilot transaction, involving Ascend Markets and M1X Global, demonstrated automated loan rollovers and achieved network fees under one cent.
• This event highlights Stellar's growing role in institutional financing with tokenized assets, reaching $3.64 billion in holdings.

Topics: Asset types, Infrastructure providers, Institutional adoption, Financial instruments, Tokenization platforms, Banking depository pilots

Tags: #stellar #repotransaction #tokenizedtreasuries #usdc #ascendmarkets #m1xglobal #smartcontracts #lowfees #institutionalfinancing

Read more