Stellar Ecosystem
News

Validation Cloud announced support for Stellar Horizon, offering high-performance Node API infrastructure with archive node data access. The service enables developers to build wallets, DEXs, and other applications on Stellar with improved performance and historical data querying capabilities.

Fernanda Orduña Rangel, co-founder of Decaf, shares her journey from industrial engineer to blockchain developer building financial inclusion solutions on Stellar. Decaf enables users in Latin America and Africa to hold value in USDC and invest, addressing real-world financial exclusion and inflation protection.

DECTA, an Ireland-based EMI, is partnering with French fintech Next Generation to launch EURT, a MiCA-compliant Euro-pegged stablecoin on Stellar and three other blockchains. The project, originally launched in 2017, is being relaunched in October 2024 under the new European regulatory framework.

OwlTing Group integrated its OwlPay Wallet Pro with Stellar to support USDC stablecoin, expanding access to 8+ million Stellar accounts. The integration enables compliant cross-border payments and allows users to pay transaction fees in fiat currency.

Tansu deployed its Soroban smart contract to testnet with event handling infrastructure now live. The governance platform released a Python library on PyPI. Upcoming milestones: dApp proof-of-concept, FastAPI backend, and continuous contract deployment.

The Stellar Development Foundation released its Q2 2024 quarterly report, highlighting network growth to 8.4 million addresses, real-world asset supply exceeding $598 million, and significant progress in tokenization and Soroban adoption. The report showcases achievements including WisdomTree's expanded retail access, $7.8 million in enterprise investments, and $5 million in Stellar Community Fund awards to 107 projects.

Balanced Network's Q2 2024 update details deployments on five new blockchains including Avalanche, Arbitrum, BNB Chain, Base, and Havah, alongside smart contract audits and cross-chain preparations. Governance saw 19 proposals passed, with the DAO earning $33k in fees and burning ICX as part of economic enshrinement with ICON. Q3 plans include cross-chain loans and launches on Injective, Optimism, Polygon, and Stellar.

This article explains the role and importance of Lumens, Stellar's native currency, detailing how they function as transaction fees, maintain network security through minimum balance requirements, and serve as a bridge currency for cross-border payments. It also highlights Stellar's unique consensus protocol (SCP) and its advantages over traditional blockchain networks.

Cyberbrawl, the rebranded sequel to Litemint.io, introduces enhanced features including seamless asset migration from Stellar blockchain, multi-chain support, in-game auction house, and new game modes. Existing players' blockchain assets like cards and achievements will transfer over, with special rewards for Legend-ranked players. The game emphasizes web3 gaming on Stellar while expanding to other chains for broader accessibility.

Balanced, a cross-chain DeFi platform originally on ICON, has rapidly expanded with five new blockchain connections in 2024, boosting availability by 250%. Upcoming plans include front-end integrations for Injective and Optimism, cross-chain loans, and phase two connections to Solana, Stacks, Stellar, Sui, and more. The update highlights improved trading with unified multi-chain assets and Stability Fund enhancements.

A comprehensive technical overview of the Stellar stack. Covers the three networks (Mainnet for production, Testnet for development, Futurenet for experimental features), Stellar Core's consensus protocol, Horizon API for blockchain interaction, Soroban RPC for smart contracts, and SDKs available in Go, Python, Java, and JavaScript.

Etherfuse, a tokenized real-world assets platform, raised $3 million in seed funding co-led by White Star Capital and North Island Ventures, with participation from the Stellar Development Foundation. The company is tokenizing emerging market government debt on Stellar and Solana blockchains, starting with Latin American sovereign bonds.

Huma Finance publishes a comprehensive overview of PayFi (Payment Finance), a new frontier in real-world assets that combines stablecoins with financing mechanisms to enable scalable, compliant payment solutions. The article introduces the PayFi Stack—a framework with six layers (Transaction, Currency, Custody, Financing, Compliance, Application)—and highlights Stellar's role alongside Solana in providing high-throughput, low-cost transaction infrastructure for payments.

This guide explains how Ugandan users can withdraw cryptocurrency from Binance to Ugandan Shillings (UGX) via Mobile Money or bank accounts using Bingtellar, a web3 payments platform. It provides a detailed step-by-step process, highlighting Bingtellar's advantages over P2P methods. The article mentions Stellar as one of the affordable blockchain networks for low-cost transfers.

Glo Dollar, backed by a $250,000 SDF donation, launches on Stellar to enable embedded philanthropy. Users can send Glo Dollars for remittances and social payouts while automatically supporting charities through reserve earnings, with potential to generate $3 million yearly for causes.

ATHR introduces a novel ranking system for crypto assets based on all-time high rankings (ATHR), last year high rank, and last 3-month high rank, using historical data from CoinMarketCap. The approach analyzes ranking movements rather than absolute prices to account for interdependencies among assets. Stellar (XLM) appears at rank 39 with ATHR of 4, current rank around 31.

This article compares Stellar's State Archival solution with Solana's State Compression (Avocado), arguing that Stellar's approach is more efficient and scalable. The analysis highlights fundamental flaws in Solana's design including poor data availability guarantees, increased network congestion, and higher costs.