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IMF highlights XRP and Stellar as key blockchains in institutional stablecoin use cases

Market News
08 Oct 2026
Dailycoin
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Neutral
IMF highlights XRP and Stellar as key blockchains in institutional stablecoin use cases

The IMF's recent reports mention XRP Ledger and Stellar alongside Ethereum and Solana as public blockchains used by major banks for issuing regulated stablecoins, such as Société Générale's EUR CoinVertible. This signals growing institutional experimentation with permission-less blockchain networks. However, the IMF's October 2026 Global Financial Stability Report also warns of risks like liquidity and operational challenges in tokenization, emphasizing caution despite the expanding market valued at $65 billion. The IMF does not rank these blockchains but acknowledges their role in the evolving financial infrastructure.

As of Oct 09, 2026 01:41 WIB, XRP and Stellar, both highlighted by the IMF for their roles in institutional stablecoin issuance, are trading lower on Pluang with XRP down 4.11% at Rp24.334 and Stellar down 4.79% at Rp3.399. XRP's market cap stands at Rp1.529,92 trillion, reflecting significant investor interest despite the recent dip. This contrasts with the broader market's cautious stance on tokenization risks noted by the IMF.

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