Stellar Ecosystem
News

Shaheen, a UAE-based fintech app built on blockchain, launches to serve unbanked populations across the Middle East, Africa, and Asia with cross-border payments, multi-currency wallets, and financial inclusion tools. Parent organization Empowch expands globally with API solutions for NGOs and financial institutions.

The Stellar Development Foundation has achieved a 9x speedup in Horizon reingestion by leveraging the Composable Data Platform (CDP) with precomputed ledger metadata, reducing full history reingestion from approximately 66 days to 7 days.

USDx stablecoin from FxDAO protocol is now live on Soroswap Finance, the first DEX on Soroban Blockchain, with a $190,000 TVL liquidity pool for the XLM/USDx pair. Users can issue USDx by locking Lumens as collateral in FxDAO vaults for liquidity without selling assets. The article guides on acquiring, swapping, and providing liquidity for USDx on Soroswap.

The Stellar Development Foundation released its Q3 2024 report highlighting major ecosystem milestones including 9 million network addresses, $5M+ in Enterprise and Matching Fund investments, and the launch of Stellar Community Fund 6.0. Key achievements include Franklin Templeton's Benji platform reaching $450M in supply, Protocol 22 development nearing completion, and expanded ecosystem integrations with Dune and DefiLlama.

Protocol 22 is now live on Stellar Mainnet. This guide provides developers and businesses with upgrade instructions, key dates, release links for all Stellar infrastructure and SDKs, and important changes including the Soroban RPC rebrand to Stellar RPC and upcoming Horizon transaction meta defaults changes.

This guide explains how Ghanaian users can withdraw stablecoins like USDC and USDT from Binance to Ghanaian Cedi via mobile money or bank accounts using Bingtellar. Bingtellar is a web3 payments platform that supports Stellar, Solana, and BEP20 networks for seamless conversions. It offers speed, convenience, security, and fair rates as key benefits.

This article explains USDT and USDC stablecoins, their features, blockchains, use in payments, comparisons, stability issues, and alternatives. USDC is highlighted on Stellar among other chains, while USDT supports a broader range. Both are key for stable crypto transactions despite past depegging events.

Hana Wallet now integrates Soroswap, allowing users to easily swap Stellar tokens like XLM and USDC directly from their mobile devices. The article provides a step-by-step guide to installing Hana Wallet, setting it up for the Stellar network, and accessing Soroswap via the app's DApps directory. This enhances decentralized finance accessibility on the Soroban ecosystem without KYC requirements.

At the October 2024 EasyA x Stellar Meridian Hackathon, PaltaLabs won 3rd place with Payroll Genius, a tool that digitizes employment contracts and salary management. It lets SMEs earn yield on salary reserves via Soroban DeFi while giving employees access to collateralized loans.

CoinFabrik shares insights from three major crypto conferences: Permissionless III highlighted Web3 marketing's growing importance, Meridian 2024 showcased Scout's positive reception in the Stellar ecosystem, and Avalanche Summit LATAM featured CyScout, their new CodeQL-based security tool for Solidity developers.

Empowch positions its blockchain-based digital wallet as a solution for NGOs delivering aid to Syrian and Lebanese refugees in the MENA region. The self-custody platform enables instant cross-border payments and cash conversion, reducing reliance on costly intermediaries and traditional banking infrastructure.

SorobanDomains introduces a new Key-Value storage contract on Stellar's Soroban platform, acting as a 'localstorage' for domains. It enables storing additional values like SEP-01 TOML file locations or IPFS CIDs for dApps. The contract is live on mainnet with a $PSD 100 registration fee.

Blockaid has integrated its Onchain Detection and Response (ODR) security technology into Stellar's Lobstr and Freighter wallets, providing real-time threat monitoring and malicious transaction detection. This partnership marks the first deployment of Blockaid's Web3 security features on the Stellar blockchain.

Stellar Development Foundation integrated Mastercard's Crypto Credential solution into its blockchain network to enable secure, compliant crypto wallet use cases. The move reflects growing momentum in stablecoin payments, with Stripe, Ripple, and other platforms expanding digital asset adoption across merchants and institutions globally.

Stellar Development Foundation integrates Mastercard's Crypto Credential solution as the exclusive credentialing system for its ecosystem, enabling secure and compliant crypto remittances and peer-to-peer transfers through wallet providers like Coins.ph, Mercado Bitcoin, and Wirex.

Stellar DEX offers zero-fee trading, providing a significant edge for strategies like scalping and arbitrage by eliminating percentage-based costs that erode profits on other exchanges. Minimal network fees of 0.0001 XLM ensure negligible impact, while AMMs enhance liquidity on key pairs like XLM/USDC. The article highlights pros, cons, and tools like Chartui to maximize trading potential.