DTCC Selects Stellar for Tokenized Securities Platform

U.S. clearing giant DTCC has chosen Stellar as the first public blockchain to connect to its upcoming tokenized securities settlement platform, according to CoinDesk. This decision marks a significant step in a long-standing relationship with Securrency, now DTCC Digital Assets, which collaborated with Stellar to integrate compliance tools such as clawbacks and identity controls into the network. The integration aims to support the issuance and management of tokenized securities, potentially involving major indexes and U.S. Treasuries. DTCC oversees over $114 trillion in assets, highlighting the importance of this move.