The Stellar Development Foundation introduced the Anchor Platform, a middleware service that simplifies on and off-ramping for businesses. Flutterwave and BankSAR demonstrated production integrations enabling cross-border payments and fiat conversions across Africa and globally.
Jake from the SDF presented the Anchor Platform, a set of standardized services designed to reduce complexity for businesses offering on and off-ramp services on Stellar. The platform decouples client interfaces from business interfaces, allowing faster iteration and lower barriers to entry. It includes SEP server implementations, a simplified platform server for businesses, optional webhooks, and custody server integration. Jimmy Koo from Flutterwave discussed their role as Africa's anchor, enabling money transfers to 32 African countries via USDC on Stellar with support for SEP31 and upcoming SEP24 capabilities. Heinrich from BankSAR demonstrated their integration with the Anchor Platform for USD and XLM on and off-ramping, showing the full checkout flow and noting they expect to go live with Lobster and Beans in the coming weeks.
