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      RedStone Integrates Onchain NAV Data for savUSD on Stellar, Enhancing DeFi Access

      RedStone has successfully integrated onchain Net Asset Value (NAV) data for the savUSD token on the Stellar network, addressing a significant infrastructure gap that has previously hindered the participation of tokenized real-world assets in decentralized finance (DeFi). This integration, which launched on May 29, provides standardized pricing data essential for DeFi protocols to utilize these assets as collateral and in lending operations.

      The tokenized asset market on Stellar has seen rapid growth, expanding from approximately $800 million in January to over $3 billion by July 2026. However, many of these assets were unable to engage in DeFi due to the lack of reliable onchain pricing. The new pricing feed, developed in accordance with Stellar's SEP-40 oracle standard, allows various DeFi applications to access the same pricing source, thereby streamlining the integration process and reducing security risks associated with multiple data sources.

      SavUSD, a senior-tranche token from Avant Protocol, is backed 1:1 by USDC and USDT and employs delta-neutral trading strategies to generate returns. The integration of RedStone's pricing feed not only enhances the asset's usability in DeFi but also provides dual layers of price verification through traditional auditing and continuous oracle feeds. With six additional issuers expected to receive similar support by August, the infrastructure for DeFi on Stellar is set to mature significantly, facilitating faster and more secure access to a broader range of assets.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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