DTCC Digital Assets Connects Tokenized Securities Settlement Platform to Stellar (XLM) Network

DTCC’s decision to connect its upcoming tokenized securities settlement platform to the Stellar (XLM) network is the latest step in a relationship that Stellar Development Foundation CEO Denelle Dixon said stretches back nearly a decade.

“How Stellar became part of DTCC's tokenization push for Wall Street securities onchain Wall Street's clearing giant chose a public blockchain with compliance tools built for regulated assets, Stellar Development Foundation CEO Denelle Dixon said”

@coindesk

CoinDesk reported that DTCC said tokenized assets held through its Depository Trust Company could become available on Stellar beginning in the first half of 2027, and that DTCC oversees more than $114 trillion in assets.

@coindesk

Dixon told CoinDesk that Securrency, which DTCC acquired in 2023 and which became what is now DTCC Digital Assets, worked closely with Stellar developers to embed compliance tools such as clawbacks, transfer restrictions and identity controls directly into the network.

CoinDesk also said the Stellar integration is designed to support the issuance, settlement and lifecycle management of tokenized securities, while opening the door to future projects involving highly liquid assets such as major indexes and U.S. Treasuries.

Dixon framed the shift as infrastructure work beyond tokenization itself, saying, "Blockchain is excellent at books and records."

CoinDesk said regulated firms moving assets onchain must comply with securities laws, sanctions requirements and investor protections, creating demand for blockchain infrastructure that can support identity checks and transfer restrictions.

In Dixon’s account, Stellar’s architecture lets issuers add compliance, identity controls and privacy protections on top of an open network, with asset issuers able to decide whether transfers require know-your-customer (KYC) checks and whether assets can be frozen or clawed back.

Coinpedia

CoinDesk also tied the approach to Franklin Templeton’s onchain money market fund, BENJI, saying Dixon noted the asset manager began exploring Stellar in 2019 and later launched the fund in 2021.

CoinDesk reported that BENJI became one of the earliest examples of a regulated tokenized fund and helped pave the way for today’s tokenized Treasury market, which has grown to roughly $15 billion with BlackRock, JPMorgan, Fidelity entering the ring.

Dixon summarized the model by saying, "Then the institution gets to decide how compliance and privacy come into play."

While CoinDesk focused on DTCC’s connection to Stellar, Bitget’s coverage centered on a crypto commentator’s argument that DTCC developments strengthen the case for both XRP and XLM.

“DTCC's decision to connect its upcoming tokenized securities platform to the Stellar (XLM) network is the latest step in a relationship that stretches back nearly a decade, according to Stellar Development Foundation CEO Denelle Dixon”

CoinDesk

In Bitget’s account, the commentator wrote on X that "DTCC settles 4 QUADRILLION dollars in trades every year" and argued that "Now that volume will run on-chain through Stellar," lifting $XLM.

Bitget also said the commentator claimed DTCC and the Stellar Development Foundation confirmed the plan on May 27, 2026, and that the post described Stellar as the first public blockchain selected for the initiative.

Coinpedia, meanwhile, described an analyst’s distinction between Stellar’s direct DTCC tokenization integration and Ripple Prime’s different role, saying Ripple Prime joined DTCC’s National Securities Clearing Corporation participant directory as a clearing and executing broker.

Coinpedia added that the analyst said DTCC had not selected the XRP Ledger as the blockchain infrastructure for its tokenization initiative, even as Ripple Prime participates in DTCC’s tokenization working group with more than 50 firms exploring tokenized assets.