The Stellar Development Foundation supports ficc.ai, an AI-driven platform for fixed-income evaluation, improving market transparency.
Backing ficc.ai: A New Step Towards Digital Assets
The Stellar Development Foundation has granted funding for the creation of an AI-powered oracle for pricing U.S. Mortgage-Backed Securities and municipal bonds on the Stellar blockchain. This project aims to improve market transparency by providing access to decentralized and tamper-proof pricing data.
Stellar’s Growth in Real-World Asset Tokenization
Over the past month, Stellar has notably increased its share in real-world asset tokenization, achieving a 37.5% increase. Franklin Templeton actively utilizes Stellar's blockchain for tokenizing U.S. Treasury debt, marking significant cost savings.
Benefits of Stellar: Fees and Speed
Stellar's key advantages include low transaction fees and high transaction speed. These factors make the network popular among financial institutions seeking blockchain integration.
Stellar continues to develop as a leader in tokenization, offering innovative solutions for financial markets. Its support for projects like ficc.ai underscores its commitment to decentralizing and enhancing financial information transparency.