The Real-World Asset (RWA) Foundation has announced that the Stellar Network has joined as a founding member of the RWA Foundation DAO. The foundation aims to establish standards and best practices to promote the adoption of tokenization for real-world assets on the blockchain. Stellar, a public, open-source blockchain, is known for its global payment solutions and its involvement in decentralized finance (DeFi) and asset tokenization. Stellar is currently being utilized by prominent issuers in the real-world assets industry. Despite recent price declines, Stellar's reputation for low-cost and efficient transactions may contribute to its future growth.
- Content Editor ( crypto-news-flash.com )
- 2024-12-11
Stellar Lumens Becomes Key Member of RWA Foundation to Enhance Scalable Blockchain Solutions