Justin Rice from Stellar Development Foundation discusses how open-source blockchain networks can transform cross-border payments by eliminating intermediaries, reducing costs, and improving financial inclusion in emerging markets.
DeFi, payments, tokenization, Soroban, governance, and project launches — curated daily from publications, project blogs, and community channels across the Stellar blockchain ecosystem.
Justin Rice from Stellar Development Foundation discusses how open-source blockchain networks can transform cross-border payments by eliminating intermediaries, reducing costs, and improving financial inclusion in emerging markets.
This article explains liquidity pools on the Stellar network, introduced in Protocol 18. It covers how constant product price curves work, how they integrate with path payments to improve trading efficiency, and their potential for future evolution.
VersaBank and Stablecorp are launching VCAD, a Canadian stablecoin issued by a North American bank and live on Stellar. Each VCAD unit represents a one-dollar deposit with VersaBank, offering fast, low-cost cross-border transactions.
Anclap launched the first Peruvian sol stablecoin on Stellar, 100% backed by local currency. The digital asset is exchangeable for multiple Latin American currencies and wallets, advancing Anclap's goal to build a cross-border payment network reducing remittance costs.
Stellar Development Foundation shares how the ecosystem accelerated Automated Market Maker (AMM) development for Protocol 18 by involving developers early with API specs, mock environments, and Futurenet testing, enabling simultaneous product launches upon network upgrade in November.
DFS Lab is hosting a three-day Blockchain Bootcamp in collaboration with the Stellar Development Foundation for nine African startups building financial solutions on Stellar. Winners will receive prizes and pitch to investors at a demo day.
Stellar Development Foundation CEO Denelle Dixon discusses how El Salvador's bitcoin adoption opens doors for broader cryptocurrency use, particularly stablecoins and remittances. She highlights how stablecoins on Stellar can reduce remittance costs from 7-8% to pennies, enabling faster cross-border payments.
This article provides a deep dive into the tokenomics of YBX, the platform token for YieldBlox, a decentralized money market protocol on the Stellar blockchain. It outlines five growth-positive utilities including staking, governance, lending/borrowing incentives, and future AMM integration, designed to bootstrap growth for both YieldBlox and the Stellar ecosystem. The model emphasizes cooperative strategies for maximum value accrual through fee redistribution and reduced sell pressure.
The article details the YBX airdrop for YieldBlox, a DeFi protocol on the Stellar blockchain, with 10 million YBX tokens distributed across three airdrops targeting community members, beta testers, and Stellar ecosystem users. Participants must meet Stellar account age requirements and set up a YBX trustline. Additional incentives include ScripTee NFT distributions for educational content and community engagement.
Jason Chlipala, COO of Stellar Development Foundation, discusses how blockchain enables safer, more efficient payment systems on shared infrastructure. He highlights Stellar's advantages for asset issuance, cross-border transactions, and financial inclusion, particularly in remittances where fees could drop from 7-15% to fractions of pennies.
Bitt and the Stellar Development Foundation were selected as finalists in Singapore's Global CBDC Challenge to develop a retail central bank digital currency solution using Bitt's Digital Currency Management System integrated with the Stellar network.
Stellar's Meridian 2021 conference (Nov 17-18) will showcase local builders creating financial inclusion solutions on the network. The event features ecosystem updates, debates on regulation and digital currencies, and community product demos under the theme Build Locally, Impact Globally.
Seth Hertlein from the Stellar Development Foundation spoke at a Parliamentary Intelligence-Security Forum in Panama about blockchain, illicit finance, and financial inclusion. He presented data showing cryptocurrency crime is minimal (0.34% of transactions) and argued policymakers should focus on blockchain's benefits for the unbanked rather than overreacting to crime risks.
Velo Labs, TEMPO Payments, and Bitazza have opened a remittance corridor between the EU and Thailand on Stellar, enabling fast cross-border transactions for a $17 billion market connecting 600 million customers.
Bitso, a leading Latin American exchange, is integrating Stellar USDC to offer cheaper and faster cross-border payments between the US and Mexico, benefiting its 2+ million users through reduced transaction costs and improved interoperability across the region.
Leaf Global Fintech, a Stellar-backed digital wallet for migrants and refugees in East Africa, shares insights on winning the Stellar Community Fund. The company emphasizes clear communication, user experience prioritization, and empathetic growth strategies.
THORWallet now supports Stellar asset management with single and multisig wallets, enabling XLM and USDC swaps on mobile. The integration includes Blend protocol access for yield generation, bringing institutional-grade DeFi security to Stellar.
Litemint, a Stellar Community Fund winner, shares lessons from applying to SCF twice: identifying community gaps, engaging with the ecosystem, and launching products iteratively. The gaming and NFT platform has grown to 1,400+ NFTs and 65,000+ tradable units on Stellar.
Stellar Development Foundation and Advent International are reportedly considering acquiring MoneyGram, the global money transfer company. The move reflects growing interest in integrating blockchain technology with legacy cross-border payment infrastructure.
Stellar Development Foundation has tentatively approached MoneyGram International about a potential acquisition in partnership with private equity firm Advent…
Stellar Development Foundation announced it has been certified as a Great Place to Work for the first time, with a 96% positive employee response rate and 100…
Stellar Development Foundation has contacted MoneyGram International about a potential acquisition in partnership with private equity firm Advent, according to Bloomberg. The deal would represent a significant move into remittances and could reshape the competitive landscape following Ripple's previous investment and subsequent exit from MoneyGram.
Project Venus is a DeFi protocol on Stellar using Turing Signing Servers (TSS) to enable trustless smart contracts without an on-chain VM. It implements short-term FX forwards to improve capital efficiency for Stellar-based financial institutions like remittance companies. TSS leverages off-chain servers (turrets) combined with Stellar's multi-sig for efficient DeFi.
SDF released its Q2 2021 report highlighting network growth, two protocol upgrades, $18M in Enterprise Fund investments, and the approval of Automated Market Makers for Protocol 18. The network demonstrated resilience after a temporary validator outage in April.
The Stellar Development Foundation relaunched its demo wallet with a unified interface consolidating separate protocol testing tools. The redesigned wallet now supports multiple SEPs including deposits, withdrawals, cross-border payments, and regulated assets, serving both developers and non-technical users learning Stellar protocols.
Liquid exchange now offers Stellar USDC with fee-free withdrawals, enabling customers to save $12-15 per transaction and settle in seconds compared to Ethereum-based USDC.