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Stellar CEO says Clarity Act would help, but tokenization isn’t dependent on it
DTCC’s decision to connect its tokenized securities platform to Stellar marks a new phase of institutional adoption for public blockchains.
Jun 2, 2026, 12:35 p.m. 2 min read
Closer look: Stellar is positioning its technology stack around compliance, privacy and scalability for large financial institutions.
- Dixon said Stellar has maintained 99.99.99% uptime and processes billions of transactions each quarter.
- She emphasized that compliance tools were built into the network’s architecture, reducing the need for custom smart contracts to issue assets.
- Stellar is also developing privacy features using a composable model that allows institutions to tailor controls to specific assets and use cases.
Reading between the lines: Massive transaction volumes remain a key test for blockchain-based financial infrastructure.
- DTCC processed $4.7 quadrillion in securities transactions last year, highlighting the scale traditional market infrastructure already supports.
- Dixon acknowledged that tokenized settlement volumes will ramp up gradually rather than reaching peak scale immediately.
- She said maintaining reliability and avoiding network outages are critical requirements for institutional adoption.
Broader view: Dixon expects tokenized assets to be distributed across multiple public blockchains rather than concentrated on a single network.
- She rejected the idea that one blockchain will dominate all institutional tokenization activity.
- Instead, Dixon said a handful of networks will likely capture most real-world asset issuance based on their technical strengths.
- She argued that open public blockchains will ultimately outperform closed alternatives because they evolve rapidly through global developer participation.
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
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