50+ working group firms
Pilot Jul 13, 2026
Supports XRP + XLM natively
$5T+ annual volume
Fireblocks XRPL SDK (GitHub)
Digital Liquidity Tokens
1. DTCC Confirms Fireblocks Inside the Working Group
On May 4, 2026, DTCC published an official press release announcing progress on its tokenization service. The release specifically names Fireblocks as one of the 50+ firms in the DTCC Industry Working Group. DTCC Official
The full list of confirmed members includes:
Both Fireblocks and Ripple Prime are inside the same DTCC working group. These are the two institutions most directly connected to XRP and XLM settlement infrastructure. This is not a coincidence — it is institutional coordination.
DTCC plans to facilitate initial, limited production trades in July 2026, with a full commercial launch in October 2026. In December 2025, DTC received a No-Action Letter from the SEC authorizing the tokenization service for three years, covering Russell 1000 constituents, major ETF indexes, and US Treasuries. Morningstar
2. Fireblocks Natively Supports XRP and XLM (XRPL)
The Bloomberg Crypto table shown in the image confirms that the Fireblocks Network uses "Stellar, Ripple (XRPL) & all EVM-compatible chains" as its settlement infrastructure, supporting 20+ stablecoins including USDC and USDT, across USD, GBP, EUR, SGD, CHF, JPY, AUD and NZD.
This is independently confirmed by Fireblocks' own GitHub repository: fireblocks/fireblocks-xrp-sdk — a publicly available, maintained SDK for XRP Ledger operations, including DeFi, DEX trading, and institutional settlement on XRPL. GitHub Official
Fireblocks describes itself as a platform securing more than $4–5 trillion in digital asset transfers annually, serving 2,400+ institutions across 100+ countries. PRNewswire In 2025, Fireblocks processed $6 trillion in stablecoin volume — a 300% year-over-year increase. Blockchain.news
3. DTCC's Own Patent Names XRP and XLM
In March 2025, the USPTO published DTCC patent US20250078162A1. The patent describes a cross-ledger settlement framework that specifically identifies both XRP and XLM as "Digital Liquidity Tokens" for use in post-trade settlement. USPTO Patent
According to the patent's own language, XRP is designed for large-scale institutional settlement, while XLM is designed for low-cost transactions, fiat-to-blockchain conversions, and stablecoins. These are not random choices — they reflect the actual technical properties of each asset and their fit within the DTCC settlement framework.
| Asset | Role in DTCC Patent | Fireblocks Support | DTCC Working Group |
|---|---|---|---|
| XRP | Large-scale institutional settlement, Digital Liquidity Token | ✅ Native XRPL SDK | ✅ Via Ripple Prime |
| XLM | Low-cost tx, fiat-to-blockchain, stablecoins, Digital Liquidity Token | ✅ Stellar network | ✅ DTCC + Stellar announced May 27 |
4. Why This Matters — The Infrastructure Is Already Connected
These three facts create a closed loop that is hard to dismiss as coincidence:
Loop 1: DTCC is building a tokenization service for $114T in post-trade assets → DTCC's own patent specifies XRP and XLM as the settlement bridge assets.
Loop 2: Fireblocks is inside the DTCC working group → Fireblocks natively supports XRP (XRPL) and XLM (Stellar) in its settlement network.
Loop 3: Ripple Prime is also inside the DTCC working group, with DTCC clearing credentials (broker code 0443, FICC GSD #9388) → Ripple Prime uses XRP Ledger for post-trade settlement.
When DTCC's tokenization service goes live in July 2026, the settlement infrastructure connecting it to blockchain rails already includes Fireblocks (which supports XRP and XLM), Ripple Prime (which uses XRPL directly), and DTCC's own patent specification that names both assets. The plumbing is already in place.
5. Stablecoin Network Context — Fireblocks vs. Others
The Bloomberg Crypto table provides important context about how different stablecoin networks compare:
| Network | Company | Launch | Blockchains | Stablecoins |
|---|---|---|---|---|
| Bridge | Stripe | 2022 | 9 incl. Base, Ethereum, Tron | USDC, USDB, USDT |
| Layer1 / BVNK | BVNK | 2024 | Ethereum, Bitcoin, Solana, BSC, Polygon, Tron | USDC, USDT, PYUSD, FDUSD, DAI |
| Circle Payments | Circle | 2025 | Ethereum, Solana, EVM chains | USDC only |
| Fireblocks Network | Fireblocks | 2018 | Stellar, Ripple (XRPL) & all EVM | 20+ incl. USDC, USDT |
| Global Dollar | PAXOS | 2024 | Solana, Ethereum, Ink | USDG |
| Ripple Payments | Ripple | 2012/2023 | Ripple (XRPL) | RLUSD · 55+ currencies |
Critically: Fireblocks is the only major stablecoin network provider that explicitly includes XRP Ledger and Stellar in its blockchain infrastructure. The other networks (Stripe, Circle, PAXOS) are EVM-centric. This gives Fireblocks a unique position as the bridge between EVM chains and the XRPL/Stellar settlement layer inside the DTCC ecosystem.
6. The Scale of What Is Being Built
To understand why this matters, consider the scale:
| Entity | Volume / Assets | Source |
|---|---|---|
| DTCC post-trade infrastructure | $114 trillion under custody | DTCC Patent |
| Fireblocks annual transfer volume | $4–5 trillion/year | PRNewswire Oct 2025 |
| Fireblocks stablecoin volume (2025) | $6 trillion (300% YoY growth) | Blockchain.news |
| Broadridge DLR (April 2026) | $368 billion/day (+268% YoY) | Cryptopolitan |
| Fireblocks institutions | 2,400+ across 100+ countries | CoinLaw 2026 |
| Global OTC derivatives (BIS) | $845 trillion notional | BIS 2025 |