Grove
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Grove

Steakhouse's credit stack, now productizing. Basin fronts stablecoin liquidity against the settlement gap in tokenized RWA transactions. Grove's bet: the tokenization bottleneck was never issuance, it was the days-long lag between intent and settlement. The $327M JAAA redemption showed the curator as kingmaker. Basin reaches for the curator as infrastructure.

grove.finance ↗#credit#institutional#rwa#steakhouseVerified May 14, 2026
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Brief

Institutional-grade credit infrastructure built by Steakhouse Financial. Liquidity layer allocating to RWA issuers, DeFi protocols, and structured vaults including JAAA and JTRSY. Announced Grove Basin (May 2026): programmable credit infrastructure fronting instant onchain stablecoin liquidity for tokenized RWA settlement, up to $1B in committed daily liquidity, initial focus on tokenized T-bills and money market funds.

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Recent activity

Latest moves on the changelog feed.

  • May 14, 2026NEW

    Grove -> Basin. Programmable credit infrastructure fronting instant onchain stablecoin liquidity for tokenized RWA settlement. Up to $1B in committed daily liquidity, initial focus on tokenized T-bills and money market funds. Finances the settlement timing gap between transaction intent and issuer workflow completion, running alongside existing fund and transfer-agent systems rather than replacing them.

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Snapshot

Key terms and identifiers.

Asset classes
Treasuries, Private credit
Token standards
erc-20, eip-4626
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Milestones

How this player got here.

  1. May 2026Grove -> Basin. Programmable credit infrastructure fronting instant onchain stablecoin liquidity for tokenized RWA settlement.
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Connections

Who they build with, build on, integrate with.

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