Stellar Community Fund

Cara7

SCF #45

Description

Cara7 is an institutional-grade infrastructure platform that brings auto asset-backed securities (ABS) on-chain, from underlying asset data to investor settlement.

The auto ABS market processes hundreds of billions in issuances annually, yet relies on fragmented, opaque data flows between issuers, rating agencies, calculation agents and investors. Cara7 solves this by tokenizing both sides of an ABS transaction: the assets (vehicles, borrowers, contracts) and the liabilities (ABS note tokens), then connecting them through a programmatic payment waterfall implemented as a Soroban smart contract.

On-chain: granular asset data accessible to rating agencies like S&P and Moody's in real-time, monthly principal and interest distributions executed automatically in EURC from issuer wallets to investor wallets, and tranching logic enforced by smart contract rather than manual calculation agents.

ABS issuance generates recurring stablecoin settlement volume, institutional wallet activity (issuers, investors, servicers), and high-value TVL.