The Stellar Anchor Platform now supports two on and off-ramp standards, enabling businesses to integrate cross-border payments and fiat-to-digital asset exchange on Stellar. Companies like Banxa and Flutterwave are already using the platform to expand their payment services across regions.
At Meridian 2023, the Stellar Development Foundation announced major updates to the Anchor Platform, an integration solution that helps businesses access Stellar's payment rails. The platform now supports two on and off-ramp standards pre-packaged together, enabling companies to bridge fiat and digital asset services. On and off-ramps are critical infrastructure for financial inclusion, allowing users worldwide access to payment services they may not qualify for in traditional finance. Ecosystem companies Banxa (Australia-based fintech) and Flutterwave (African remittance services) shared how they've integrated the platform to connect their services with wallets like Lobstr and Beans App. Other integrations include Kado and Payfura, expanding the network of interoperable on and off-ramps available on Stellar.
