DeFi, payments, tokenization, Soroban, governance, and project launches — curated daily from publications, project blogs, and community channels across the Stellar blockchain ecosystem.
Wyre launched a Savings API enabling FinTechs to offer yield-earning savings products using Stellar USDC, with returns far exceeding traditional U.S. savings accounts. The API provides easy on-ramps to Stellar assets and monthly compounding earnings with no ACH fees.
Denelle Dixon, CEO of the Stellar Development Foundation, discusses how blockchain enables transparent, fast cross-border payments and financial inclusion. She highlights USDC on Stellar and the role of anchor institutions in building global remittance corridors.
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.
Two Stellar Community Fund finalists, COINQVEST and Anclap, are partnering to deliver inflation-free payment processing in Argentina. COINQVEST provides merchant payment solutions on Stellar, while Anclap offers anchor services and digital currency payments, demonstrating ecosystem network effects.
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.
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.
Stellar Development Foundation invested $5 million in Wyre during a Series B2 funding round to expand USDC on/off ramps and payment infrastructure across USD, EUR, GBP, CAD, and AUD pairs.
Stellar Development Foundation celebrated 2020 as a landmark year, processing 1.553 billion total operations on the network and growing from 12 to 20 anchor services. The ecosystem saw 61% growth in relevant assets and 21X increase in transaction volume, driven by strategic focus on network robustness, trust, and sustainable use cases.
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.
Centre announced USDC stablecoin will launch on Stellar in Q1 2021, expanding the stablecoin beyond Ethereum and Algorand. Circle CEO Jeremy Allaire highlighted the value of Stellar's interoperability for ecosystem growth.
Stellar validators will vote on Protocol 15 upgrade on November 23, 2020, introducing Claimable Balances and Sponsored Reserves to simplify user onboarding and reduce friction for anchors and app developers building on the network.
Stellar's SEP-24 and SEP-31 standards define how anchors integrate with wallets and each other for fiat on/off-ramps and cross-border payments. SEP-24 enables direct user deposits/withdrawals through wallet interfaces, while SEP-31 allows anchor-to-anchor bank transfers without end-user involvement.
Stellar is purpose-built for stablecoins, enabling interoperable global payments by bridging fiat and digital currencies. The network's native asset issuance and Anchor infrastructure create a frictionless cross-border payment system with near-instant settlement and ultra-low costs.
The Stellar Development Foundation and FinClusive partner to enable compliant financial access through Stellar's blockchain. FinClusive provides a comprehensive compliance toolkit and on-off ramp services for anchors, addressing de-risking practices that exclude underserved populations from financial services.
Stellar explains how anchors bridge traditional banking and the Stellar network by issuing fiat-backed tokens and providing on/off-ramps. The SDF outlines anchor functions, business opportunities, and the path to becoming an anchor in the emerging global payment standard.
SDF hosted a webinar featuring Cowrie Integrated Systems, a Nigerian fintech company using Stellar to enable low-cost, instant payments into and out of Nigerian bank accounts via their NGNT stablecoin and anchor integration.
Interstellar v4.0 (Voyager Update) released with major wallet improvements. New All-Spark feature enables asset transfers without trustlines or funded accounts. Comprehensive SEP6/24/10 anchor integration lets users deposit and withdraw directly in-app. Adds 11 new languages and enhanced security.
StellarX outlines how Anchors bridge fiat and crypto assets to the Stellar network, enabling faster, cheaper cross-border payments. Path payments let users send any asset and have it automatically convert to the recipient's preferred currency.
Novatti launched the Novatti AUD Utility Token on Stellar Network, a one-to-one AUD-backed stablecoin. As the first AUD anchor on Stellar, Novatti enables instant AUD payments and settlements with access to global foreign exchange via the Stellar Network.
Pundi X, a cryptocurrency POS provider, partnered with Stellar to become an Indonesian Rupiah anchor on the network, enabling faster and cheaper cross-border payments while supporting XLM in its retail payment platform.
Stellar Development Foundation launched a Partnership Grant Program offering up to $2M USD per grant in XLM to incentivize development of high-impact projects, with primary focus on anchors and exchanges to promote financial inclusion.
Stellar.org announced the Stellar Build Challenge, a grant program offering awards across four categories: Anchors, Applications, Exchanges, and First-Time Submissions. Winners will be announced October 1, 2016, with funding from unclaimed lumens.
Stellar.org outlines a three-phase strategy to achieve financial inclusion: building the Stellar network infrastructure, establishing anchor partnerships to connect financial institutions, and creating a platform for developers to build financial services for underbanked populations.
Stellar Development Foundation removed a partial payments feature from the protocol after discovering it could cause fund loss if anchors weren't aware of the DeliveredAmount field requirement. The legacy feature has been eliminated and all known anchors were notified.
