Wall Street clearing giant DTCC has announced plans to connect its tokenized securities platform to the Stellar network by 2027, sending XLM — Stellar's native token — surging as much as 20% on the news, accompanied by a dramatic spike in trading activity.
According to CoinMarketCap data, Stellar (XLM)'s trading volume jumped 927% over a 24-hour period to $934.99 million. At the time of writing, XLM was up nearly 17% in the last 24 hours, trading at $0.172, and had gained 20% on a weekly basis.
The price increase came despite broader selling pressure across the crypto market, with over $930 million in positions liquidated during the same period. According to CoinGlass data, long positions accounted for $870 million of those liquidations, while short positions made up $59.29 million.
The Depository Trust & Clearing Corporation (DTCC), which serves as Wall Street's primary clearinghouse, confirmed on Wednesday that it intends to connect its tokenized securities platform to the Stellar (XLM) network. The announcement builds on a SEC No-Action Letter that DTC received in December 2025, which authorizes DTC to implement and operate a service that tokenizes real-world, DTC-custodied assets.
Under the arrangement, market participants will be able to leverage traditional assets within a digital ecosystem while retaining the same investor protections, entitlements, and safeguards that apply to traditionally held securities.
The development carries particular weight given DTCC's central role in U.S. market infrastructure. The organization oversees more than $114 trillion in assets and has emerged as one of the most prominent traditional finance institutions pushing into the tokenization space.
Stellar's price reacted sharply on Wednesday following the announcement, climbing from $0.146 to $0.17 and posting a large green daily candlestick. The rally broke through the daily 50-period moving average, a level that had capped XLM's price in recent weeks. The momentum carried into Thursday, with Stellar reaching an intraday high of $0.18 — a level not seen since April 22.
Why it matters
The SEC No-Action Letter received by DTC in December 2025 specifically authorizes the tokenization of real-world, DTC-custodied assets while preserving the same investor protections, entitlements, and safeguards that apply to traditionally held securities — extending existing regulatory frameworks into a digital context.
DTCC's central position in U.S. market infrastructure — overseeing more than $114 trillion in assets — means its decision to connect to a public blockchain network represents a structurally significant precedent for how traditional settlement systems may interact with tokenized asset platforms.
