Lumen Loop
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Articlestellar.orgStellar Development Foundation7y ago

Bringing Lumens to Millions

SDF announced its largest lumen distribution to date: up to 500 million XLM going to Blockchain wallet's 30 million users. Stellar becomes the fourth top-line currency in one of the world's most popular digital wallets, alongside Bitcoin, Ethereum, and Bitcoin Cash.

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Lumen Loop's take

The Stellar Development Foundation announced a major lumen distribution partnership with Blockchain, a leading digital asset wallet provider with 30 million account holders. Up to 500 million XLM will be distributed to Blockchain users, making Stellar only the fourth currency offered as a top-line option alongside Bitcoin, Ethereum, and Bitcoin Cash. SDF emphasized that the network has matured enough for mass distributions, with financial institutions adopting Stellar's asset-issuance protocols and fiat endpoints now available globally. The distribution targets first-time crypto users and experienced traders, positioning Stellar at the frontier of mainstream crypto adoption.

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The Stellar Development Foundation (SDF) is a non-profit organization that supports the development and growth of the Stellar ne…

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