Stellar Ecosystem
News

WhiteBIT, a major European exchange with 3M+ users, integrated USDC on Stellar, enabling deposits and withdrawals. This expands USDC availability across digital asset platforms and strengthens the Stellar ecosystem's growth.

Coinme and Circle announced integration of USDC on Stellar, enabling cash in/out at 21,000+ U.S. locations with near-zero fees and instant settlement. The partnership targets financial inclusion for 79 million unbanked Americans and underbanked Latin Americans.

Mercado Bitcoin, Latin America's largest digital asset platform, now enables USD Coin trading on the Stellar network with transaction fees of a fraction of one cent, expanding USDC accessibility and liquidity for the region.

Mercado Bitcoin, Latin America's largest digital assets platform, now offers USDC on the Stellar network, enabling customers to transact with fees of a fraction of a cent. This marks the first time the exchange has offered the same asset across multiple networks.

The Stellar Development Foundation advocates for clear stablecoin legislation that requires audited, fiat-backed reserves held in regulated banks. SDF emphasizes the need to distinguish genuine stablecoins from other token structures and calls for consistent global regulatory guardrails to protect consumers and build trust in blockchain payments.

Novatti Group announced the launch of AUDC, an Australian Dollar-backed stablecoin on the Stellar blockchain. The 1:1 AUD-backed digital asset will integrate into Novatti's payment solutions, enabling faster, lower-cost domestic and cross-border transactions with support from the Stellar Development Foundation.

Newton, a Canadian crypto trading platform with 450,000 users, now supports USDC deposits and withdrawals on Stellar, offering near-zero transaction fees and instant settlement alongside multichain USDC support.

Shift Markets and Nexus Markets integrated USDC on Stellar, enabling institutional and retail clients to deposit, withdraw, and swap USDC across blockchains while earning yield through Nexus Vaults.

Stellar is a blockchain focused on cross-border remittances and peer-to-peer payments, powered by the XLM token. Founded by Jed McCaleb, it differs from Ripple by targeting individuals rather than banks, enabling transactions in seconds for pennies while integrating with traditional financial systems through anchors and partnerships.

One year after USDC launched on Stellar, the ecosystem has grown significantly with new payment corridors across Africa, Europe, Philippines, and Latin America, plus integrations from major exchanges like Bitso, Liquid, and Okcoin enabling faster, cheaper cross-border payments and financial inclusion.

Okcoin becomes the first US exchange to offer USDC deposits and withdrawals on Stellar, enabling faster and cheaper stablecoin transactions with near-zero fees and 5-second settlement times.

The Stellar Development Foundation released its 2021 Q4 report, highlighting major achievements including USDC integration, MoneyGram partnership for cash-in/cash-out services, $80.25M in Enterprise Fund investments, three protocol upgrades, and international CBDC pilots in Ukraine.

SDF CEO Denelle Dixon testified before the US House Committee on Financial Services on digital assets and blockchain's role in financial innovation, highlighting Stellar's use cases in cross-border payments, remittances, and stablecoin issuance while addressing regulatory frameworks and environmental sustainability.

The Stellar Development Foundation released its Q3 2021 report highlighting Protocol 18 AMM upgrade preparations, a $40 million investment in Tala for digital banking, new payment corridors in Europe-Philippines and Latin America, and Canadian stablecoin VCAD launch by VersaBank and Stablecorp.

MoneyGram announced it will use Stellar blockchain to enable USDC stablecoin payments and near-real-time settlement for its customers, with rollout beginning this year and international expansion in 2022.

MoneyGram partners with Stellar Development Foundation to enable crypto payouts in local currencies using Circle's USDC stablecoin, integrating MoneyGram's network with Stellar blockchain for cross-border payments and settlement.

Arf and Tempo Payments launched a Stellar-based payment corridor from Europe to the Philippines using Circle's Stellar USDC, enabling compliant cross-border transactions with near-zero fees and instant settlement.

VersaBank and Stablecorp are launching VCAD, a Canadian stablecoin issued by a North American bank and live on Stellar. Each VCAD unit represents a one-dollar deposit with VersaBank, offering fast, low-cost cross-border transactions.

Anclap launched the first Peruvian sol stablecoin on Stellar, 100% backed by local currency. The digital asset is exchangeable for multiple Latin American currencies and wallets, advancing Anclap's goal to build a cross-border payment network reducing remittance costs.

Stellar Development Foundation CEO Denelle Dixon discusses how El Salvador's bitcoin adoption opens doors for broader cryptocurrency use, particularly stablecoins and remittances. She highlights how stablecoins on Stellar can reduce remittance costs from 7-8% to pennies, enabling faster cross-border payments.

Liquid exchange now offers Stellar USDC with fee-free withdrawals, enabling customers to save $12-15 per transaction and settle in seconds compared to Ethereum-based USDC.