RedStone Provides savUSD Net Asset Value on Stellar

RedStone has expanded its price infrastructure for the use of real asset tokens as DeFi collateral by providing on-chain net asset value (NAV) data for savUSD of the Avant Protocol on Stellar. In a blog post on August 26, RedStone stated that the scale of real assets on Stellar is expected to exceed $3 billion by July 2026. The total value locked (TVL) in Stellar's DeFi is reported to be $259.13 million. Even if real assets are brought on-chain, pricing, liquidity, and liquidation criteria are necessary for their use in lending and collateral markets. The Stellar Development Foundation disclosed an 'Assets and Liquidity' balance of $3,289,304,676 as of August 14. savUSD is an income-generating asset obtained by depositing avUSD, designed so that avUSDx, which has a subordinate structure, absorbs losses first in the event of a loss. NAV is the net asset value calculated by subtracting liabilities from assets, used in traditional finance as a benchmark for fund purchases, redemptions, and performance calculations. RedStone provides 47 price feeds to Stellar, of which 18 are SEP-40 compatible. In the real asset tokenization market, the challenge remains in the infrastructure for utilization rather than issuance. The remaining issue is actual adoption, as whether Stellar-based protocols accept savUSD as collateral depends on the judgment of each protocol.

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