SatoshiPay's Torsten presents Pendulum, a blockchain connecting fiat to DeFi via Stellar. Pendulum brings smart contracts to Stellar, enabling AMMs, yield farming, and cross-chain asset transfers between Stellar and Pendulum.
Torsten, CTO of SatoshiPay, unveiled Pendulum at Meridian, a blockchain designed to bridge fiat and DeFi while leveraging Stellar's 15+ stablecoins and banking connections. Pendulum introduces smart contract capabilities to the Stellar ecosystem, enabling developers to build custom AMMs and other DeFi applications. The demo showcased transferring stablecoins from Stellar to Pendulum, executing swaps on a deployed AMM, and bridging assets back to Stellar. Users can earn yield on Stellar assets through DeFi applications on Pendulum, similar to opportunities on Polygon, Solana, Ethereum, and Polkadot. A testnet playground is available at playground.pendulumchain.org with one-click account setup.