Stellar Ecosystem
News

The Spacewalk Bridge is now live on the Pendulum network, enabling trust-minimized transfers of XLM and fiat-backed stablecoins like EURC, AUDD, NGNC, TZS, and BRL between Stellar and Polkadot ecosystems. Stellar users can trade XLM on Zenlink DEX and provide liquidity in pools such as XLM.s/PEN and XLM.s/DOT. Pendulum's Forex DEX powered by Nabla offers single-sided liquidity provision without impermanent loss, enhancing DeFi accessibility.

MYKOBO announces SEPA rails support for Circle’s EURC stablecoin on the Stellar blockchain, enabling European users to deposit and withdraw Euros via the LOBSTR wallet. EURC is fully reserved and redeemable 1:1 for Euro, issued on multiple chains including Stellar. This enhances Euro stablecoin interoperability and accessibility on Stellar.

The Stellar Development Foundation ran a dogfooding experiment called the Okashi Cakewalk, a web-based smart contract game built on Soroban that enabled all SDF employees—regardless of technical background—to write, deploy, and invoke smart contracts. Over 170 NFTs were minted on Futurenet, demonstrating successful onboarding to Soroban development and providing valuable UX feedback to the Okashi team.

Creit protocol on Stellar celebrates over 200 domains registered with 130k+ XLM collateral after one month. They're launching DAO governance by distributing nearly half the governance token supply to early adopters as thanks. Upcoming features include domain buy/sell and full governance contract by end of April.

WisdomTree, a $100B+ asset manager, launched WisdomTree Prime, a unified financial platform built on Stellar that enables customers to seamlessly manage digital assets, traditional investments, and fiat currencies in one application. The platform leverages Stellar's native asset controls and tokenization capabilities to offer 13 digital funds and a gold token.

A technical guide comparing data types between Solidity (EVM) and Rust (Soroban), part 2 of a migration series. The article covers primitive and composite types, key differences like String vs. Symbol, and provides code examples for both languages.

Soroban smart contracts platform launches on Stellar mainnet with $100 million adoption fund committed by SDF. The fund has already supported 160+ projects building DeFi applications on Stellar.

The Stellar Development Foundation commissioned PwC to develop a global financial inclusion framework to help assess how blockchain-based solutions can advance digital financial inclusion and enhance the social impact of financial service providers.

Beans App and Blend Capital partnered to bring DeFi to underserved markets via Stellar's Soroban platform. Users can now convert physical cash to crypto through MoneyGram, earn yield on Blend's lending pools, and withdraw back to fiat, eliminating traditional banking intermediaries.

The Stellar Development Foundation submitted a response to the U.S. Treasury's Request for Information on Financial Inclusion, advocating for open-source blockchain technology and transparent systems to advance financial access. SDF emphasized the importance of free or low-cost digital financial services, smart contracts, and open data initiatives in creating inclusive financial systems.

Soroban has reached phase 1 on mainnet, enabling the deployment of a registry contract for Soroban Domains. The team has updated the code to support subdomain registration and invalidation, with plans for domain transfer and liquidation features. They are also integrating support into xBull Wallet and excited for Stellar ecosystem developments.

A roundup of global crypto regulations, adoption trends, and developments, including UK stablecoin laws, Hong Kong licensing, and South Africa's embrace of stablecoins. Highlights mainstream adoption like Swiss Postfinance's crypto services and Web3 hurdles. Notably features the launch of smart contracts on the Stellar network, marking a new era for the blockchain.

Stellar launched smart contracts on Mainnet on Feb. 20 with a phased rollout prioritizing network stability. Over 160 projects on Testnet will gradually deploy as transaction limits increase, enabling low-cost DeFi applications built on Rust and WASM.

Stellar Anchors serve as bridges between traditional finance and the Stellar blockchain, enabling fiat-to-digital asset exchanges, but face trust issues due to centralization. The new Anchor Transparency Node, powered by Log Store Network, provides verifiable transparency for off-chain transactions. This enhances trust, supports real-world assets, and fosters inter-business confidence in the Stellar ecosystem.

Stellar mainnet upgraded to Protocol 20, introducing Soroban smart contract platform built on WebAssembly and Rust. The upgrade enables custom code execution while preserving Stellar's payments infrastructure and institutional compliance focus.

Dropzey is an innovative platform revolutionizing airdrops by simplifying creation and participation processes. It addresses inefficiencies through user-friendly tools, verification mechanisms, and transparency features. By integrating with Stellar and Soroban Smart Contracts, it enables automated and instant token distribution.

Velo Labs announced partnerships between its Orbit crypto merchant network and major POS providers, targeting 500,000 users by year-end. Orbit enables QR code-based cryptocurrency payments at retail points of sale with instant fiat conversion for merchants.