Band Protocol’s real-world asset feed is now publicly obtainable on Stellar mainnet, which is a considerable step ahead for these targeted on the tokenized finance area. The brand new Band RWA feed supplies verifiable pricing for Centrifuge’s deRWA merchandise, specifically deJTRSY (tokenized U.S. Treasuries) and deJAAA (tokenized CLOs), permitting the pricing and on-chain settlement of those belongings to scale back hypothesis and improve transparency.
This improvement is the results of a relationship that has been quietly rising for a while. Band will probably be built-in with Stellar beginning in Might 2023 to provide trusted on-chain knowledge to functions that require it. In the meantime, Stellar itself has been targeted on quick and low-cost funds and settlements since 2014. Centrifuge brings the tokenization layer and now, with Band offering the value feed, these tokenized merchandise get a trusted and authoritative supply for valuation and buying and selling.
There isn’t any magic in the way it works. That is an end-to-end pipeline that maintains auditability. BandChain requests the most recent costs for merchandise reminiscent of deJTRSY and deJAAA, and validators pull and mixture knowledge from a number of trusted off-chain sources to scale back operational threat. The verified worth is then written to Band’s normal reference contract on Stellar. Centrifuge reads the identical on-chain reference level, so all evaluations and funds use the identical trusted numbers. All updates are recorded on-chain, making the whole course of clear and simple to audit.
Offering dependable RWA knowledge
For establishments and particular person customers, the thought is straightforward. You may achieve publicity to regulated yield merchandise by means of DeFi flows with out having to belief a single counterparty for worth knowledge. For builders, this implies Stellar now has a plug-and-play knowledge layer that can be utilized to energy vaults, stablecoins, or apps that require dependable RWA pricing.
Timing is crucial. Institutional curiosity in tokenized RWA is rising, and as extra giant enterprises flip to tokenization, so too is the demand for real-time, dependable pricing. Stellar affords cost rails and a low-fee setting that many establishments favor. Band supplies decentralized, tamper-proof knowledge that these belongings have to behave like actual monetary devices on-chain. Taken collectively, these assist make sure that belongings issued by means of Centrifuge function with the reliability required for operational use.
The announcement additionally reminds us that components of tokenized finance are being built-in, together with infrastructure layers for funds and settlement, oracle networks that guarantee knowledge integrity, and tokenization platforms that convert off-chain belongings into tradable digital tokens. This interplay determines how rapidly and safely institutional implementation can proceed.
For those who’re constructing on Stellar or utilizing tokenized belongings, Band’s RWA feed can now be instantly built-in through normal reference contracts. The band presents itself as extra than simply an oracle. The workforce positions the community as a knowledge layer that may feed real-time data to DeFi, GameFi, and AI techniques and decrease counterparty threat. The feed is now reside on Stellar, and deRWA merchandise printed by Centrifuge use this pipeline for pricing. If you want to discover the mixing or be taught extra, the Band’s contact web page has extra data.
