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Articlewww.theblock.coSteven Zheng7y ago

Coinbase to list Stellar Lumens (XLM)

Coinbase Pro announced it will accept XLM deposits and enable trading for Stellar's native asset, with deposits opening for at least 12 hours before trading begins to establish liquidity.

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Coinbase Pro announced support for XLM, Stellar's native cryptocurrency, beginning with deposit acceptance followed by trading availability across most supported jurisdictions except New York State. Deposits require XLM memo specification for transaction identification. XLM enables value transfer on Stellar's distributed remittance network connecting financial institutions, payment systems, and users. The announcement drove XLM price up approximately 3% as the exchange listing expands accessibility to Stellar's ecosystem.