Stellar Ecosystem
News

Bankhaus von der Heydt and Bitbond launched EURB, the first euro stablecoin issued directly by a European banking institution on Stellar. The 1:1 EUR-backed asset provides a new on/off-ramp for the network and enables regulated digital asset settlement.

Circle announced USDC stablecoin support on Solana, partnering with Alameda Research and FTX. The expansion follows earlier additions of Algorand and Stellar, with Stellar support launching next year to boost USDC adoption in remittances.

Stellar CEO Denelle Dixon will speak on a panel at the IMF's annual meeting about the private sector's role in cross-border payments, alongside leaders from eCurrency, Mastercard, and Celo. The panel will be webcast on October 19.

Circle announced USDC stablecoin integration with Stellar blockchain starting Q1 2021, triggering a 10% price surge in XLM to $0.08 and doubling trading volumes. USDC becomes Stellar's first major USD-pegged stablecoin.

Circle announced USDC stablecoin support for Stellar blockchain by Q1 2021, making Stellar the third network to support USDC after Ethereum and Algorand. The move expands Circle's multi-chain strategy and enables Stellar developers to build financial inclusion solutions.

SDF board members discuss strategies for achieving network effects in blockchain, emphasizing the importance of critical mass, user trust, and open networks like Stellar to serve underbanked populations in developing markets.

Revolut, a U.K.-based fintech firm, has added Stellar Lumens (XLM) to its cryptocurrency trading platform in response to user demand. The move is part of a broader effort to overhaul its crypto product and give customers legal ownership of their digital assets.

Samsung Galaxy smartphones now support Stellar blockchain through integration with Samsung Blockchain Keystore, enabling users to store Stellar private keys and developers to build blockchain apps for Galaxy devices.

Stellar has been integrated into Samsung Blockchain Keystore, becoming the fifth cryptocurrency supported alongside Bitcoin, Ethereum, Tron, and Klaytn. Samsung Galaxy users can now securely store private keys and sign transactions on Stellar dapps.

The Stellar Development Foundation partnered with Elliptic to integrate crypto-asset risk management and AML compliance tools into the Stellar network, enabling businesses to conduct enhanced compliance checks on assets from issuance to redemption while maintaining the network's built-in compliance functionality.

The Stellar Development Foundation invested $550,000 in SatoshiPay, a micropayments provider, marking the third investment by SDF in the platform. The funds will support development of SatoshiPay's B2B cross-border payments solution, with alpha testing by mid-July and public beta in Q4 2020.

The Stellar Development Foundation invested $5 million in Abra, a crypto financial services app operating in 155 countries, to support Abra's integration with the Stellar blockchain and expand financial services globally.

The Stellar Development Foundation invested $5 million in Abra, a crypto wallet service, to integrate Stellar's blockchain into Abra's payment and investment products. The partnership aims to expand financial services on Stellar and improve access to on and off ramps for traditional finance.

The Stellar Foundation partnered with blockchain forensics firm Elliptic to help Stellar-based businesses screen transactions for money laundering, sanctions, and compliance risks. The service is optional for businesses; XLM wallet users won't be automatically surveilled. Stellar argues regulatory compliance and privacy can coexist.

The Stellar Development Foundation will present at Consensus: Distributed 2020, sharing updates on network growth, strategic investments, and ecosystem success stories focused on interoperability and financial inclusion.

The Stellar Development Foundation announced a 2.5M XLM donation-matching program for April in partnership with Lumenthropy, supporting six charities including UNICEF, The Tor Project, and Watsi. The SDF will provide initial 100,000 XLM donations to each organization and match community contributions weekly.

Nodle, an IoT platform that processed ~1M daily microtransactions on Stellar, is migrating to Polkadot's Substrate network to build its own blockchain called Arcadia. The team cited need for custom blockchain functions beyond Stellar's capabilities, though plans a future bridge between the networks.

The Stellar Development Foundation joined the Blockchain Association, a crypto industry lobbying group, to advocate for favorable blockchain regulation and policy with US policymakers and Congress.

The Stellar Development Foundation joined the Blockchain Association to advocate for smart regulatory policy and help policymakers understand blockchain's potential to enhance the financial system and promote equitable access.