XLMUSDT
Stellar Lumens / Tether USD
cryptoComposite

Stellar is now second globally for tokenized fund value, at $4.5 billion against $675 million a year ago, according to [Token Terminal](https://x.com/i/article/2121011738002739200). A new [Allium Labs report](https://www.allium.so/reports/stellar-institutional-finance-on-an-open-global-network) found that by September 30, Stellar held 42% of all tokenized non-U.S. government debt, and its stablecoin supply had [grown 91%](https://twitter.com/StellarOrg/status/2120627449193168958) in a year against a 0.4% industry average. Templar launched Precept for institutional lending, and Soroswap brought Robinhood stocks to Stellar. # Institutional Scale Token Relations [tracks](https://x.com/i/article/2120573498024464384) Stellar's RWA market cap at $5.5 billion at the end of October, up from $3.05 billion at the end of June. Allium's report, built with SDF, covers on-chain data through September 30, when RWAs stood at [$4.12 billion](https://x.com/AlliumLabs/status/2120532864186167775) and the network's share of the tokenized asset market had risen from 4.9% to 12.7%. Stablecoin supply reached $546 million across 18 stablecoins, carrying $1.95 billion of payments over 12 months. Not every read was glowing: Yakov Kofner [pointed out](https://x.com/csuitecounsel/status/2120743059772334355) that identified payments grew only 21%, to $186 million a month. [Arf](https://arf.one) and Huma's case study in the report shows 4.2x growth in short-term settlement liquidity for licensed payment companies over 12 months. Token Terminal's fund ranking moves Stellar from eighth to second, behind Ethereum. Three issuers drive it: Spiko's eurSAFO for companies and institutions, Franklin Templeton's Benji ($1.2 billion on Stellar), and Ondo's USDY for non-U.S. investors. SDF's [Q3 webinar](https://x.com/StellarOrg/status/2121252687236804700) with Denelle Dixon, José Fernández da Ponte and Raja Chakravorti will run on November 13 at 3pm ET. SDF's preview highlighted MoneyGram, Range and Figure joining as [tier-1 validators](https://x.com/StellarOrg/status/2119846276820791751) during the quarter. At a StableDash panel, WisdomTree, Stable Sea and SDF named access as [the remaining gap](https://www.youtube.com/watch?v=M2OxIjUQuic): where does a small business actually go to buy these regulated funds? # New Products [Templar](https://www.templarfi.org/blog/precept) launched Precept on November 9, an institutional lending protocol where each market sets its own collateral, borrow asset and risk parameters. Three markets opened: XLM/USDC, deJAAA/USDC and Gami earnUSDC/USDC, with Gami and Re7 as curators and DeFindex allocating vault liquidity. Guardian's audit found no critical, high or medium issues. [Soroswap](https://www.sodax.com/news/sodax-partners-with-soroswap-to-bring-first-robinhood-stocks-to-stellar-traders) became the first DEX on Stellar to bring Robinhood stocks to its users, adding SODAX's 46 tokenized stocks to the same swap screen as XLM and USDC. [Remi](https://remi.ae/blog/remi-unveils-remura-stellar-meridian-2026) detailed Remura, the confidential stablecoin layer it unveiled at Meridian: amounts and balances stay private, while auditors and supervisors get scoped investigation keys. It runs on testnet, with mainnet next. # Developer Infrastructure Bell's [mainnet vote](https://x.com/i/article/2120596150285975553) is set for November 23 at 17:00 UTC. It brings muxed contract addresses, ML-DSA post-quantum signature verification for contracts, and millisecond-precision ledger timestamps that lay groundwork for faster ledgers. Tomer Weller [told The Defiant](https://x.com/DefiantNews/status/2119836097522045139) that classic accounts get post-quantum signer rotation next year, without changing addresses. Separately, a Meridian talk showed lab tests reaching [2-second blocks at 3,000 transfers per second](https://www.youtube.com/watch?v=BaFhvBsALIA), with a target of 900-millisecond blocks at 10,000. [Stellar Registry](https://www.youtube.com/watch?v=zTZtF1jL2H0), built by The Aha Company, presented at the November 12 Developer Meeting: npm-style contract discovery for Soroban, with deployed contracts browsable by name, typed Rust client imports and versioned sub-registries. A community [proposal to pipeline SCP](https://github.com/orgs/stellar/discussions/2066) showed 1.9x throughput at k=2 for 5-8% more latency, and its author has posted a draft CAP. Discussion also continued on a [SEP clear-signing standard](https://github.com/orgs/stellar/discussions/2026) for Soroban invocations. StellarExpert shipped [API v0.3.0](https://x.com/stellar_experts/status/2119830142306726044) with breaking changes to authentication, pagination and response formats; integrations may need updates. [SCF #46 RFPs](https://x.com/BuildOnStellar/status/2120998677611454608) are open for web and API analytics for Stellar projects and an XDR test kit for indexers and SDKs, closing November 20. # Regional Activity and Agentic Payments Stellar moved from ninth to [second globally by developer count](https://x.com/i/article/2120107384274046976) over the past year, according to Meridian figures in Stellar Türkiye's recap. In the same piece, José Fernández da Ponte set out SDF's three priorities for the next five years: more builders, more payment and stablecoin volume, and more on-chain assets in real use. [Tellus Cooperative and Stellar Chile](https://x.com/i/article/2118819457153855488) opened a hub in Providencia in September, run Stellar Academy at UFRO in Temuco, brought eight Chilean projects to HackMeridian and sent ten ambassadors to Meridian. Diego Poveda's [Local402](https://x.com/i/article/2120161253930983424) extends x402 so API calls can be priced in local currencies, converted through Reflector, while settling in exact USDC via a Soroswap atomic swap. It is live on mainnet and won first place in Find Your Way. StarMaker LATAM's Código 402 bootcamp is running in Mexico through November 24, and Costa Rica's [Pura Vida Bootcamp](https://x.com/i/spaces/1XyEyzmnJQBAVJ) with Oppia Labs has more than 120 enrolled. SDF's [x402 explainer](https://www.youtube.com/watch?v=BFD2YvamnS8) made the case: card fees of 10 to 30 cents make sub-$1 payments impractical, and x402 opens per-call pricing for agents. # Lightning Round * [COCA](https://x.com/i/article/2119789761313308672): 72% more new users and 114% more card activations in October, plus a Stablerail partnership for stablecoin banking. * [WalletConnect Pay](https://x.com/i/article/2120596150285975553) is live on LOBSTR, with XLM fees covered for USDC payments. * [Soroswap and DeFindex](https://x.com/SoroswapFinance/status/2120916985039270363) are now live inside Seidar, next to its lending and vaults. * [xBull](https://x.com/xBullCorp/status/2119255887302766638) opened a beta of its new wallet: regular G accounts with no seed phrase, secured by device passkeys. * [XOXNO](https://x.com/XoxnoNetwork/status/2120970536734064855) opened an Immunefi bug bounty for its Stellar contracts. * [SODA](https://x.com/i/article/2119819992396869632), the SODAX governance token, now trades on Soroswap. * [Merkle Science](https://www.youtube.com/watch?v=WjVvYN_9Oow) tracks 41 tokens and has attributed over 100,000 addresses on Stellar and Soroban. * [Stellar Debugger](https://www.youtube.com/watch?v=WjVvYN_9Oow) offers time-travel debugging for Soroban contracts. * Lumen Loop [introduced its new team](https://x.com/i/broadcasts/2onzXrQPrjjWbK) on November 12: founder Raph with Amanda (content lead), Joaquin (creative director) and Gloria (head of growth). Its v2 shifts the site from a news aggregator to a visibility and growth channel for Stellar builders. * Our [breakdown of the SCF Q4 Public Goods vote](https://lumenloop.com/research/scf-q4-2026-public-goods-award-results), the first held on mainnet: 23 of 24 proposals approved for $581,100. # Upcoming Events * **November 13**: [Stellar Town Hall](https://discord.com/events/897514728459468821/1499821622356607010), Discord * **November 13**: [Demo Day: el cierre de la Ruta JaveBlockchain](https://luma.com/vd8s7poq), Bogotá, Colombia * **November 13**: [La peor Startup De Bolivia](https://luma.com/3x7tlyw9), Bolivia * **November 14**: [Stellar Community Meetup Indonesia](https://luma.com/j49s5ca4), Malang, East Java * **November 14**: [PubPoint Meet & Greet: Etherfuse + Stellar](https://luma.com/46m6ienv), London * **November 14-December 5**: [Buildathon: Stellar Codember Perú](https://luma.com/l7j6o5xx), UTEC + remote * **November 18**: [IA e blockchain: como essas tecnologias estão criando novos negócios](https://luma.com/dhx77plz), São Paulo, Brazil * **November 19**: [Stellar Developers Meeting](https://discord.com/events/897514728459468821/1530165449369845810), Discord * **November 19**: [Stellar Academy: Producto de verdad](https://luma.com/4w70kpaj), Temuco, Chile * **November 20**: [Commit Cero: tu primer paso en Stellar](https://luma.com/9aemfo1v), Querétaro, Mexico * **November 21**: [Web3 Sessions - Stellar en la U. La Salle](https://luma.com/r2zcg5oi), Arequipa, Peru * **November 21**: [Stellar Local - Maracaibo](https://luma.com/7ko9zra0), Venezuela * **November 24**: [Stellar APAC Community Call](https://luma.com/9wghoszo), online * **November 26**: [Stellar Academy: Seguridad y buenas prácticas](https://luma.com/1qew3sj3), Temuco, Chile # Ambassador Activity Stellar Philippines spotlighted [Lantern Wallet's](https://x.com/PHI_Stellar/status/2120827201998462985) Instawards progress: an on-chain scam registry, a transaction scanner, and warnings that flag suspicious transactions before users sign. Stellar Brazil met on November 9 with 50+ attendees, walking through the Portuguese Seja Stellar guide to SCF roles and the Instawards application steps. Stellar Turkey hosted a Builder Sohbet on November 13 with Corra Money's founder on cross-border payment infrastructure. # What to Watch * **November 20**: SCF #46 RFP submissions close at 9am PT. Builders need an approved interest form first. * **November 23**: The Protocol 30 (Bell) mainnet validator vote at 17:00 UTC. * **Remura mainnet**: Remi says mainnet comes next, with a waitlist open for banks, MTOs and payment providers. * **Stellar Codember Perú**: Runs November 14 through December 5, with teams building testnet MVPs toward a Demo Day at UTEC.

Real money, real exchange fills, after all fees. Oct 22 to the Nov 12 close: * Holding the same cryptos: **-20.02%** * The AI: **-4.63%** **Week by week (holding vs the AI)** * Oct 21 to 25: -3.44% vs -1.05% * Oct 26 to Nov 1: -2.84% vs -0.76% * Nov 2 to 8: -7.77% vs -1.44% * Nov 9 to 12: -7.57% vs -1.45% **By crypto (held vs traded)** * BTC: -15.06% vs -3.54% * ETH: -18.38% vs -2.32% * SOL: -23.63% vs -2.96% * XRP: -23.76% vs 0.00% * XLM: -15.39% vs 0.00% * ZEC: -21.52% vs -11.27% * NEAR: -29.88% vs -18.04% **What this does and doesn't show** * It lost money every single week. It just lost a lot less. * Three weeks of a falling market say nothing about a rising one. In my tests on past years it finished behind plain holding in the strongest bull years. That's the trade: give up some of the top to skip most of the fall. * Today's drop isn't in these numbers yet. I'll add it in the comments after the close. * It can only trade. It has no withdrawal access, so funds stay in your own exchange account. Every trade goes into a public log that is sealed every hour and anchored in Bitcoin, so nobody can edit the record afterwards, me included: [https://botsfolio.com/track-record/real-money](https://botsfolio.com/track-record/real-money) Honest question: would you give up part of a bull run to cut drops like this by about three quarters? Curious where people here land. Disclosure: I build Botsfolio, an AI that trades inside the user's own exchange account. This fall is the first real test it has had. I'd rather show the whole record than a highlight.