Stellar hosts first repo backed by U.S. debt, a multi-million dollar interbank loan
AI summary
Stellar (XLM) has hosted its first repo transaction backed by U.S. debt, described as a historic multi-million dollar interbank loan settled for under a cent. The deal bypasses traditional banking infrastructure, showing that tokenized government debt and on-chain settlement can handle real interbank lending. Traders would care because it is a concrete institutional use case for XLM's rails, though the immediate price impact is likely limited.
