Stellar Ecosystem
News

Vibrant, a non-custodial wallet built on Stellar by a team from Sunship Inc. (a Stellar Development Foundation subsidiary), enables Argentines to protect against peso inflation by easily buying and holding USDC with low fees and fast transactions.

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.

An educational article introducing Stellar's blockchain network, explaining its Stellar Consensus Protocol (SCP), and demonstrating real-world applications through IBM World Wire and ClickPesa for cross-border payments and financial inclusion.

The Stellar Development Foundation and DEV Community are launching the Build Better on Stellar: Smart Contract Challenge, running through August 18, offering a $50,000 prize pool and free trip to Meridian Conference for developers building dApps with Soroban smart contracts.

Stellar's newly launched Soroban smart contracts platform addresses key Web3 pain points including liquidity fragmentation, high transaction costs, and accessibility. With 80,000+ USDC on-ramps globally, an established user base of 8.4 million accounts, and a $100 million SDF commitment to builders, Stellar offers a mature, scalable foundation for DeFi development.

BlockEden.xyz unveiled their Soroban Indexer and GraphQL at Stellar's Meridian conference in Madrid from September 26–28, 2023. The article shares their pitch deck with 13 slides showcasing the innovations. Contact details and source link are provided.

Pendulum's Q2 2024 roundup highlights the launch of their Forex AMM on Testnet powered by Nabla and progress on the Spacewalk bridge uniting Stellar and Polkadot ecosystems. Key developments include vDOT collateral from a successful Polkadot treasury proposal, stablecoin offramping to bank accounts, Soroswap integration, Subscan listing, and new liquidity pools on Zenlink for Stellar holders. Governance referendums advanced asset registrations and network upgrades.

MYKOBO is transitioning its EURC stablecoin on the Stellar blockchain to Circle's EURC, affecting over 25K asset holders. This move supports MiCAR compliance and expands services to Ethereum, Avalanche, and Solana. Current services will continue uninterrupted during the transition.

Reflector hosted an AMA with Tomer Weller from the Stellar Development Foundation covering Stellar's scalability, latency optimization, DeFi composability on Soroban, and oracle use cases like prediction markets. The discussion highlighted upcoming performance improvements including parallel contract execution and networking optimizations planned for 2025.

Coinbase submitted CFTC filings to list futures products for five tokens—Polkadot, Shiba Inu, Stellar Lumens, Avalanche, and Chainlink—with trading slated to begin on or after July 15. The expansion aims to give traders more access points for risk management and price speculation.

The Stellar Development Foundation announces its commitment to increasing gender diversity in the Stellar ecosystem and partnerships with SheFi to empower women builders. SDF will sponsor SheFi's Brussels summit in July, featuring keynotes on real-world blockchain use cases and an activation showcasing Stellar's new passkeys capability.

Goldsky announces the general availability of Mirror, its realtime crypto data streaming platform that syncs onchain data directly to user databases. It supports 40+ networks including Stellar, reducing costs and ETL complexity. The platform offers blazing-fast performance, dual interfaces, and is now accessible to everyone without a credit card.