Stellar Ecosystem
News

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. The multi-chain integration reduces network fees and confirmation times while expanding USDC interoperability across blockchains.

Stellar Development Foundation's Lisa Nestor discusses how USDC on Stellar enables fast, cheap cross-border payments and remittances, with transaction costs measured in fractions of a cent versus thousands on other networks.

USDC expansion on Stellar enables new money flows through anchors like Wyre, Stably, BitGo, and FinClusive, creating fast, low-cost cross-currency transactions and global financial interoperability.

Stably launches a SEP-24 compliant fiat on/off ramp API for Stellar wallets, enabling seamless USDC integration. The fintech company also plans SEP-31 support for international bank transfers and highlights Stellar's protocol-level tokenization as simpler than smart-contract blockchains.

Stably launched on/off ramp integration for USDC and USDS stablecoins on Stellar, enabling seamless deposits and withdrawals for Stellar wallets and anchors. The integration marks the next phase of Stably's partnership with the Stellar Development Foundation to expand borderless payment infrastructure.

Tala, Visa, Circle, and the Stellar Development Foundation announced a partnership to bring USDC stablecoin access and Visa card integration to Tala's 6 million customers in emerging markets, enabling affordable cross-border transfers and merchant payments.

BitGo becomes the first major custody provider to support Stellar USDC, enabling institutions to securely hold the stablecoin while leveraging Stellar's fast settlement and negligible transaction fees for moving funds between exchanges.

SDF reported strong Q1 2021 results across all strategic pillars, including USDC launch on Stellar, $6.5M in Enterprise Fund investments, and record network growth with 160% increase in payments and 196% increase in DEX volume.

Stellar USDC combines Circle's trusted USD stablecoin with Stellar's efficient network for fast, cheap cross-border payments. Transactions cost about $0.0001 and settle in seconds, with 24/7 forex trading on Stellar's DEX.

Stellar USDC and FinClusive launched a stablecoin-focused banking partnership enabling businesses to access digital currency with embedded compliance controls, combining accounts and payments services with KYC/AML requirements for regulatory-compliant cross-border transactions.

Wyre, a crypto infrastructure and banking-as-a-service provider, is becoming a USDC anchor on Stellar to enable faster, cheaper cross-border payments. The company will launch USDC-MXN corridors and expand to GBP, CAD, AUD, and EUR, leveraging the Stellar DEX for better foreign exchange rates.

Circle has launched USDC stablecoin on the Stellar network, making it immediately available on Stellar's decentralized exchange and tradeable across 9,000+ ecosystem assets. The integration includes Circle's API services and Account offering for global payments and treasury operations.

Circle and the Stellar Development Foundation announced USDC is now live on Stellar, immediately available on Stellar's DEX and integrated wallets. The stablecoin pairs USDC's $6B circulation with Stellar's 1.5B+ processed operations, enabling cross-border payments and new business opportunities across the ecosystem.

Stellar Development Foundation invested $5 million in Wyre, a blockchain payments company, to integrate payment APIs and on/off ramps for USDC stablecoin across USD, GBP, CAD, AUD, and EUR pairs on the Stellar network.

SDF and Wirex surveyed 3,834 cryptocurrency users to understand cross-border payment needs. Key findings: users want transaction fees below 1%, 86% feel safe using crypto, but 75% are unaware of stablecoins despite mainstream crypto adoption.

SDF's Q4 2020 report highlights landmark achievements including USDC integration, Protocol 15 launch with Claimable Balances and Sponsored Reserves, strategic partnerships with Ukraine's Ministry of Digital Transformation, and record network growth with 1819% increase in assets.

The Stellar Development Foundation signed a deal with Ukraine's Ministry of Digital Transformation to develop CBDC infrastructure, stablecoin implementation, and virtual asset market capabilities using the Stellar blockchain.

Velo Labs' partners Lightnet Group and SEBA Bank completed the first live transaction on the Federated Credit Exchange Network (FCX), exchanging vUSD and vCHF digital credits pegged to fiat currencies using VELO tokens as collateral and settlement.

The Stellar Development Foundation invested $3 million in Settle Network, a Latin American cross-border payment platform, to support its stablecoin exchange StableX. This marks SDF's fourth Enterprise Fund investment this fiscal year.

SatoshiPay integrates Bankhaus von der Heydt's euro-backed stablecoin (EURB) into its cross-border payment service DTransfer. The EURB launched on Stellar via a partnership between the 270-year-old German bank and Bitbond, providing regulatory-compliant EUR transfers across the Single Euro Payments Area.

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

Circle Internet Financial will issue USDC stablecoin on Stellar, launching by February 2021. The asset will enable businesses to build payment apps with reliable access to tokenized USD for cross-border transactions.

The Stellar Development Foundation opposes the STABLE Act, arguing it would grant banks a monopoly over stablecoins and harm consumers by reducing competition and innovation rather than protecting them.

Velo Labs is building a Federated Credit Exchange Network on Stellar that enables partners from legacy finance, CeFi, and DeFi to issue digital credits pegged to fiat currencies by staking VELO tokens, using the Hermes Warp Protocol to bridge Stellar with other chains for smart contract functionality.