Stellar’s tokenized real-world asset (RWA) supply rose from about $785 million in January to more than $3 billion in July 2026, according to a RedStone report, while the network’s DeFi markets held only a fraction of that value. RedStone measured Stellar’s total value locked at $213 million, including $127 million on Blend, and said slightly more than $2 million was in Blend pools accepting RWAs as collateral. DefiLlama showed higher figures on Friday, with Stellar at $232.72 million and Blend at $150.03 million. RedStone attributed most of the RWA growth to the Amundi and Spiko Overnight Swap Fund at $713 million, Spiko’s T-Bill fund at $536 million, Ondo’s USDY above $533 million and VuMe Bond 2030 at $500 million. The report said the mismatch reflects difficulty pricing funds, Treasuries and credit products continuously enough for lending markets to liquidate them at any time. RedStone now supports 55 SEP-40 price feeds across those asset categories after adopting the Stellar oracle standard in June. The report also points to the Depository Trust and Clearing Corporation’s plan to bring DTC-custodied assets to Stellar in 2027; the assets under custody associated with the plan total $114 trillion, though that is not the amount expected to move to the network.