Centrifuge has expanded its tokenized real-world asset offerings on Stellar, making deJTRSY and deJAAA available through SushiSwap. The integration gives Stellar users access to tokenized U.S. Treasury exposure and AAA-rated credit products through a decentralized exchange environment.
The assets are paired with USDC on Stellar, according to Centrifuge’s public materials. The launch is designed to move tokenized yield products beyond passive holding and into tradable, liquid DeFi markets.
Exposure to tokenized US Treasuries and AAA credit is now tradable on @SushiSwap: deJTRSY and deJAAA, paired with USDC on @StellarOrg.
Real-world asset exposure that trades onchain like any other token, anytime. No redemption windows, no waiting. pic.twitter.com/zogH7opcKT
— Centrifuge (@centrifuge) June 23, 2026
Tokenized Treasuries and AAA Credit Enter Stellar DeFi
The integration focuses on two Centrifuge deRWA assets. deJTRSY provides exposure to tokenized U.S. Treasuries, while deJAAA is tied to Janus Henderson’s AAA credit strategy through the Centrifuge and Anemoy structure.
Centrifuge has described deJAAA as part of a broader effort to bring institutional credit onchain. The underlying strategy is connected to AAA-rated collateralized loan obligations, placing the product outside the narrower category of tokenized Treasury assets.
That distinction matters because the tokenized RWA sector is expanding beyond sovereign debt. Treasuries remain the most familiar onchain yield product, but institutional credit is becoming a larger part of DeFi collateral and yield infrastructure.
The Stellar launch also follows earlier Centrifuge work to distribute deRWA assets across multiple ecosystems. By adding SushiSwap liquidity on Stellar, the project is extending its asset distribution into a network already associated with payments and tokenized asset issuance.
Liquidity Becomes the Next RWA Test
Centrifuge framed the move around a simple market-structure point: tokenized assets need markets. Issuing a tokenized fund is only the first step; users also need venues where those assets can be traded, supplied as liquidity or integrated into other DeFi applications.
SushiSwap provides that market layer on Stellar. With deJTRSY and deJAAA available through the DEX, users can interact with these assets more like crypto-native tokens, rather than waiting only on traditional redemption windows or offchain settlement cycles.
The broader impact will depend on whether Stellar-based users and protocols adopt the assets beyond the initial listing. Liquidity depth, USDC pair activity and integrations into lending or collateral markets will determine whether the launch becomes a durable RWA channel.
The confirmed development is that Centrifuge’s deJTRSY and deJAAA are available on Stellar through SushiSwap. The next useful indicators will be pool liquidity, trading volume, protocol integrations and clearer eligibility documentation for users across jurisdictions.