Taurus Expands Institutional Offerings with Stellar Smart Contract Support
Taurus now supports smart contract-based assets on the Stellar network, enhancing institutional custody solutions.
Taurus now supports smart contract-based assets on the Stellar network, enhancing institutional custody solutions. Stellar (XLM) is trading at $0.1687, up 0.2% since this brief published. This is an original TLT brief synthesising 2 outlets (Coinfomania, The Cryptonomist), plus live market data, as of Thu, 29 Oct 2026 10:15:03 UTC.
This development significantly expands institutional access to Stellar's ecosystem, leveraging smart contracts to enhance custody capabilities and potentially drive increased adoption of Stellar-based assets.
- Taurus adds support for Stellar smart contract-based assets
- Stellar's TVL rises 19.5% in the past week to $128.75M
- Move aims to boost institutional adoption of Stellar network
Coinfomania reports that Taurus has launched support for smart contract-based assets on the Stellar network, enhancing institutional custody options. This development comes as Stellar's Total Value Locked (TVL) has increased by 19.5% over the past week to $128.75M, according to DeFiLlama. The broader crypto market remains subdued, with Bitcoin down 1.71% in the last 24 hours.
Taurus, a leading provider of digital asset infrastructure, has announced the launch of support for smart contract-based assets on the 
Stellar network. This move is designed to enhance institutional custody solutions and provide greater access to Stellar's ecosystem.
The integration of smart contract capabilities on Stellar is expected to attract more institutional investors by offering enhanced security and flexibility. This development aligns with Stellar's recent growth, as evidenced by its rising Total Value Locked (TVL), which has increased by 19.5% in the past week to $128.75M, according to DeFiLlama.
The announcement comes at a time when the broader crypto market is experiencing a downturn, with the total market cap at $2.75T and 
Bitcoin down 1.71% in the last 24 hours. Despite this, Stellar's native token, XLM, has seen a relatively modest decline of 1.96% in the same period, maintaining a market cap of $5.93B.
The move by Taurus to support Stellar's smart contract-based assets underscores the growing demand for institutional-grade solutions in the crypto space. This development could potentially drive further adoption of Stellar-based assets and increase the network's utility for institutional investors.
Looking ahead, it will be important to monitor how this integration impacts Stellar's ecosystem and whether it leads to increased institutional participation. The performance of XLM in the coming weeks will also be a key indicator of market sentiment towards this development.
Since this brief published about 1 hour ago, Stellar (XLM) has moved from $0.1683 to $0.1687 — +0.22%.
The chart plots XLM's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XLM ≈ ₦233.48 (about $0.1687), down 1.8% over 24 hours. The naira itself trades about 2.8% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 29, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Taurus Expands Institutional Offerings with Stellar Smart Co — questions & answers
What is the significance of Taurus supporting Stellar smart contracts?
It enhances institutional custody options and could drive more adoption of Stellar-based assets.
How has Stellar's TVL performed recently?
Stellar's TVL has increased by 19.5% in the past week to $128.75M.
What is the current market context for crypto?
The total crypto market cap is $2.75T, with Bitcoin down 1.71% in the last 24 hours.
How much is 1 Stellar worth in naira today?
About ₦233.48 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.1687. The naira price moves with both XLM's US-dollar price and the USDT/NGN rate; use our Stellar in naira page for any amount.
Has Stellar's price moved since this brief was published?
XLM is up 0.22% since this brief first published — trading at $0.1687 now versus $0.1683 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Coinfomania, The Cryptonomist, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.