RedStone has integrated its oracle to provide onchain NAV data for Avant Protocol’s savUSD token on the Stellar network, enabling DeFi protocols to use this asset as collateral or in lending protocols. This integration, launched on May 29, follows the SEP-40 standard and makes the savUSD price available continuously for smart contracts running on Stellar’s Soroban execution environment. Stellar’s tokenized real-world asset market has grown exponentially from approximately $800 million in January to over $3 billion by July 2026. Six additional issuers are expected to receive similar oracle support by August, significantly expanding the range of assets available for DeFi composability. SavUSD is a token backed 1:1 by USDC and USDT, whose value fluctuates based on accumulated yield through delta-neutral trading strategies.
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