Stellar Ecosystem
News

STASIS has integrated its EURS euro stablecoin with the Stellar network, bringing a regulated, 1:1 euro-backed digital asset to Stellar's payment infrastructure. EURS, backed by liquid euro reserves at the Lithuanian Central Bank, enables fast, low-cost transactions globally.

ClickPesa and Pendulum announced a partnership to expand DeFi-based financing for SMEs in Tanzania. Pendulum's blockchain bridges Polkadot and Stellar, enabling the ClickPesa Debt Fund to provide capital to microfinance institutions serving underserved businesses and women entrepreneurs.

The Stellar Disbursement Platform (SDP), integrated with Beans, enables businesses and organizations to send thousands of cross-border payments instantly via the Stellar ledger. It supports payroll, micro-payments, and humanitarian aid with user-friendly features like dynamic links for recipients without blockchain experience. Beans offers versatile withdrawals in cash, bank transfers, or crypto across 180+ countries.

Decaf, a non-custodial wallet built on Stellar, is empowering Latin Americans with seamless fiat-to-crypto on and off-ramps through MoneyGram integration. The article showcases real-world impact in San Francisco, Colombia, where the platform enables financial inclusion for unbanked populations.

The Stellar Development Foundation joined the CALP Network as its first Layer 1 blockchain member, advancing humanitarian cash and voucher assistance programs. SDF's Stellar Aid Assist platform, powered by the Stellar Disbursement Platform, enables rapid, low-cost digital payments to crisis-affected populations worldwide.

The Stellar Development Foundation announced updates to the Stellar Disbursement Platform (SDP), an open-source tool for bulk payments that now supports supplier payouts, global payroll, government transfers, and enterprise remittances. The platform features self-hosting, on-demand wallet creation, multi-level access controls, and support for any Stellar-based digital asset.

Beans App and Boss Money wallet have integrated with the Stellar Disbursement Platform, enabling global bulk payments and financial access across 185+ countries and 10+ African nations respectively.

Meridian 2023, the annual Stellar conference held in Madrid, showcased major ecosystem developments including MoneyGram's non-custodial wallet launch, Circle's EURC stablecoin deployment, and significant upgrades to developer tools like the Anchor Platform and Stellar Disbursement Platform.

Qolaq opens final beta testing for its community-driven health insurance platform on Stellar. Users can enroll in Critical Illness or Life programs with QLQ tokens, participate in community voting on claims, and access full wallet functionality. Beta participants earn rewards in XLM and USDC.

Circle launched EURC, its euro-backed stablecoin, on the Stellar network in partnership with the Stellar Development Foundation. The move enables low-cost cross-border payments, remittances, and humanitarian aid disbursement, with Ripio becoming the first platform to integrate EURC on Stellar.

The article explores the evolution of identity authentication from paper documents to Decentralized Identifiers (DIDs) and Verifiable Credentials (VCs), emphasizing self-sovereign identity on blockchain. It highlights benefits like ownership, privacy, interoperability, and real-world applications in government, refugees, finance, and more. It teases upcoming content on implementing DIDs on the Stellar network.

The Stellar Development Foundation announced its support for the World Economic Forum's Humanitarian and Resilience Investing Initiative, positioning itself as the sole blockchain organization in the initiative. SDF aims to leverage blockchain technology to address poverty and insecurity affecting 2 billion people globally while advancing its mission of inclusive financial infrastructure.

Beans, a non-custodial payments app on Stellar, announced major updates including a redesigned UI, support for Nigerian Naira and USD bank deposits/withdrawals via new partners Link and Kado, an in-app QR scanner, and a new support page. The app has doubled its user base over three consecutive months.

The Stellar Development Foundation unveiled a new brand identity centered on the tagline 'Where Blockchain Meets the Real World,' reflecting its focus on real-world utility and financial inclusion. The rebrand includes updated visual design, website, and a partnership with actor Idris Elba as an ambassador, whose mission aligns with SDF's commitment to creating equitable access to opportunity.

This article explains how decentralized finance (DeFi) lending and borrowing markets work, contrasting them with traditional banking by highlighting their accessibility, trustlessness, and use of smart contracts. It covers the mechanics of liquidity pools, collateral requirements, and integration with oracles and AMMs, while discussing risks like liquidation and price volatility.

The Stellar Development Foundation is accepting applications for its Female Founders Matching Fund, which provides $200K–$500K investments to female-led projects building on Stellar. Applicants must submit detailed information about their project, fundraising status, and planned Stellar integration.

The Stellar Development Foundation invested in MoneyGram International as a minority investor during MoneyGram's go-private transaction, securing a board seat to support MoneyGram's blockchain and digital expansion.

The Stellar Development Foundation partnered with PwC US to create a framework for assessing blockchain protocols' electricity consumption and greenhouse gas emissions. The guide addresses CBDCs' potential for financial inclusion, interoperability, and sustainability on open networks.

UNHCR and the UN's technology provider UNICC are piloting Stellar Aid Assist, a blockchain-based cash disbursement solution using the Stellar network and USDC stablecoin to deliver humanitarian aid directly to displaced persons in Ukraine. The program enables instant bulk transfers, eliminates banking requirements, and provides full transaction traceability.