TL;DR:
- Stellar integrates RedStone into its mainnet, incorporating its institutional-grade oracle infrastructure with 10 live price feeds.
- RedStone manages over $8.5 billion in secured value across more than 70 blockchains and already operates with 180 DeFi protocols.
- Spiko, Stellar’s largest protocol with $200 million in TVL, chose RedStone; Blend, Centrifuge and Solv are on their way.
Stellar processes over five million daily transactions and counts on the backing of institutions such as Circle, MoneyGram and Franklin Templeton. Yet that solidity in payments coexisted with a structural limitation that held back the development of its DeFi ecosystem: the absence of oracle infrastructure up to its own standards. That gap came to an end with the integration of RedStone into its mainnet.
The lack of accurate oracles had concrete consequences. Lending protocols could not scale safely without reliable price feeds to value collateral. A 2% error in the reported BTC price can translate into millions of dollars in unrecoverable debt. Decentralized exchanges could not offer sophisticated products without robust price discovery mechanisms.
New Tools, New Markets
Real-world asset platforms could not attract institutional capital without independent verification guarantees. Stellar had around $500 million in TVL and a proven product-market fit in payments, but its DeFi ecosystem was not taking off. Oracle infrastructure was the missing link.
RedStone will contribute ten active price feeds from day one, selected based on the ecosystem’s profile: BTC, ETH, USDC, PYUSD and BENJI, the tokenized money market fund from Franklin Templeton, among others. It will use a Push model with Adapter and Price Feed contracts built in Rust on the native Soroban environment. Updates are triggered when market movement exceeds configured deviation thresholds, guaranteeing daily updates during periods of low volatility. Data freshness is verified at the moment of use, without requiring additional logic in the client contract.
Stellar Sets Its Sights on Institutional Clients
The integration of Franklin Templeton’s BENJI fund is highly significant. Traditional financial institutions do not experiment with unreliable infrastructure. A fund manager of that caliber operating on Stellar under the same standards it would demand in any other financial environment sets a precedent: institutional-grade RWA products can run on this network. That opens doors for other clients in the sector.
Spiko, Stellar’s largest protocol, holds $200 million in TVL and already operates with RedStone. Blend, the network’s emerging lending protocol, is preparing its integration. Centrifuge, Solv, EtherFuse and Brale appear on the roadmap. The contracts have been audited by Zellic and Veridise, the code is open-source and verification is public.
