Key Takeaways:
- Templar enables multichain borrowing/lending for XLM users.
- NEAR-powered chain abstraction simplifies cross-chain DeFi.
- Collaboration unlocks tokenized real-world assets on Stellar.
- Stellar and Templar together expand RWA liquidity and DeFi access.
Stellar Users Now Enjoy Seamless Lending
Stellar Welcomes Templar Protocol, the First Cypher Lending Platform, Offering Users a Streamlined Way to Deposit XLM and Borrow Stablecoins Across Multiple Chains .With Templar’s chain abstraction technology, users can manage loans using only a XLM wallet—no additional wallets or complex bridging required. This integration brings robust lending and borrowing functionality to while incorporating high-quality collateral assets, making Stellar a more versatile hub for decentralized finance (DeFi) activity.
Chain Abstraction Powered by NEAR
The protocol leverages NEAR’s multi-party computation (MPC) network and Chain Signatures to abstract blockchain complexities. Users can deposit supported Stellar assets directly from their wallets without converting to wrapped tokens or using bridges. Borrowers gain access to stablecoins such as USDC on Stellar, Ethereum, Solana, NEAR, and other networks. By simplifying cross-chain liquidity flows, Templar enables a seamless DeFi experience while maintaining security and trustlessness, expanding opportunities for multichain borrowing and lending.
Also Read: Solana Spot ETF Approval Nears: Institutional Interest and DeFi Growth Drive Momentum
Expanding Stellar’s RWA Potential
This collaboration between Templar and XLM signals a broader strategy to tokenize real-world assets (RWAs) on Stellar. Stellar has emerged as a leader in RWA adoption, exemplified by Franklin Templeton’s on-chain U.S. Government Money Fund, Benji. Recent milestones, including Centrifuge’s $20 million deRWA deployment, Mercado Bitcoin’s $200 million tokenization initiative, PayPal’s PYUSD launch, and Ondo’s USDY issuance, underscore the network’s growing influence. Templar aims to add Benji as a borrowing option and expand support for additional RWA assets, unlocking liquidity for tokenized assets and reinforcing XLM position as a trusted RWA hub.
Also Read: Stellar Position in the Crypto Ecosystem
Conclusion
Templar’s launch on XLM marks a critical step toward permissionless, multichain borrowing and lending. By combining Stellar’s growing RWA ecosystem with Templar’s chain abstraction technology, users gain access to a simplified, secure, and versatile DeFi experience. This integration not only enhances Stellar’s utility but also expands Templar’s vision of enabling borrowing against any asset on any chain.
