Stellar Ecosystem
News

The Stellar Development Foundation announces Protocol 17 upgrade with a new Asset Clawback feature. Developers and node operators must update Stellar Core, Horizon, and SDKs before the June 1, 2021 network upgrade vote.

Stellar Community Fund Seed Round finalists Leaf Global Fintech and Task.io are building wallet and NGO payment solutions on Stellar. Leaf enables cross-border remittances via USSD on basic phones; Task streamlines nonprofit operations with transparent payment tracking and donor accountability.

Two Stellar Community Fund finalists, COINQVEST and Anclap, are partnering to deliver inflation-free payment processing in Argentina. COINQVEST provides merchant payment solutions on Stellar, while Anclap offers anchor services and digital currency payments, demonstrating ecosystem network effects.

Two Stellar Community Fund finalists, Mojoflower and Blocknify, showcase innovative use cases beyond payments: Mojoflower tokenizes share ownership for Icelandic regulators, while Blocknify uses Stellar as an immutable notary for e-signatures and document verification.

The Stellar Community Fund announced its first Seed Round finalists: LITEMINT, a gaming platform with NFT marketplace on Stellar, and Script3's OptionBlox and YieldBlox, DeFi protocols for derivatives and lending. Voting begins April 26.

The Stellar Development Foundation invested $3 million in Tribal Credit, a fintech platform serving SMEs in emerging markets. Tribal will build blockchain products on Stellar to provide faster, cheaper cross-border payments and banking services across Latin America.

The Stellar Development Foundation emphasizes financial literacy as a critical component of equitable financial access, highlighting that 57% of American adults lack basic financial knowledge. SDF is launching initiatives to partner with organizations and advocate for legislation prioritizing financial literacy education alongside blockchain technology adoption.

The article contrasts traditional payment apps like Venmo with Stellar's blockchain for low-cost, borderless remittances. It highlights Stellar's negligible transaction fees, decentralized exchange for fair rates, and adoption by Franklin Templeton. The author, a self-described no-coiner, expresses optimism about cryptocurrency's potential to empower the unbanked.

SDF reported strong Q1 2021 results across all strategic pillars, including USDC launch on Stellar, $6.5M in Enterprise Fund investments, and record network growth with 160% increase in payments and 196% increase in DEX volume.

The Stellar Development Foundation executed a Protocol 16 upgrade on April 10 after an outage on April 6 caused validator and Horizon nodes to go offline. The upgrade fixed the issue affecting multiple nodes without impacting network stability.

Stellar public network validators voted to upgrade to Protocol 16 on April 10, 2024, to resolve an issue that caused nodes to go offline. The upgrade took effect immediately, and node operators need to install compatible software to avoid disruptions.

Supriya shares her personal journey leaving a demanding tech job while giving birth, cashing out cryptocurrencies like Bitcoin, Ethereum, and Dogecoin to start a new life. She reflects on how blockchain technologies can challenge exploitative labor systems. This is her first post on the Public Node blog, tied to the Stellar ecosystem.

Stellar Development Foundation validator nodes and Horizon API went offline April 6, 2021, causing transaction processing delays and exchange withdrawal halts at Binance, Bitfinex, and Bitstamp. The network recovered within hours with SDF restoring services by April 7.

The Stellar Development Foundation submitted a supplemental comment letter to FinCEN opposing proposed cryptocurrency transaction reporting rules, arguing they're unsuited for blockchain and could harm financial inclusion.

Stellar USDC combines Circle's trusted USD stablecoin with Stellar's efficient network for fast, cheap cross-border payments. Transactions cost about $0.0001 and settle in seconds, with 24/7 forex trading on Stellar's DEX.

Stellar Development Foundation invested $750,000 in Cowrie, a Nigeria-based fintech platform using Stellar for crypto remittances. The funding supports expansion of payment corridors between Africa and the world, though Cowrie recently suspended naira transactions due to Nigeria's crypto banking restrictions.

Stellar Development Foundation invested $750K in Cowrie Integrated Systems, a London-based fintech enabling cross-border payments and remittances across Africa, particularly Nigeria, while engaging with regulators on cryptocurrency policy.

Velo Labs, a Stellar-based cross-border settlement protocol backed by Thai conglomerate CP Group, has acquired Interstellar, a Stellar payment startup, in a nine-figure deal. The merger brings Interstellar's leadership to Velo and aims to accelerate blockchain remittance development across Southeast Asia.

Stellar Development Foundation CEO Denelle Dixon and VP of Engineering Karen Chang discuss strategies for recruiting and retaining women in crypto, emphasizing diverse hiring practices and inclusive workplace culture as essential for building products that serve global audiences.

The Stellar Development Foundation spotlights eight female technical leaders on their teams, sharing career advice, paths into blockchain, and perspectives on representation in tech and the blockchain industry.

Stellar USDC and FinClusive launched a stablecoin-focused banking partnership enabling businesses to access digital currency with embedded compliance controls, combining accounts and payments services with KYC/AML requirements for regulatory-compliant cross-border transactions.