Circle Joins DTCC’s Stellar Tokenization of $114T Assets by 2027
CRCL•DTCC will integrate tokenized stocks, ETFs and Treasuries onto Stellar in H1 2027, targeting tokenization of $114 trillion in assets and $4.5 quadrillion in annual volume. Over 50 firms, including Circle, BlackRock and Goldman Sachs, will join the multi-chain strategy backed by an SEC no-action letter.
1. DTCC Launches Stellar Tokenization Initiative
The DTCC plans to connect tokenized stocks, ETFs and Treasuries to the Stellar blockchain under its standards-driven multi-chain strategy, targeting $114 trillion in assets and $4.5 quadrillion in annual trading volume with a first-half 2027 rollout following SEC no-action relief.
2. Circle Included Among 50 Major Participants
More than 50 leading financial firms, including Circle, BlackRock and Goldman Sachs, are participating in the DTCC’s tokenization effort, marking a significant step in institutional adoption of regulated blockchain infrastructures.
3. Implications for Circle’s Business
Circle stands to gain transaction fee revenue and broaden its blockchain service offerings through this initiative, enhancing its institutional tokenization footprint while competing with other multi-chain implementations.
