Pundi X, a cryptocurrency POS provider, partnered with Stellar to become an Indonesian Rupiah anchor on the network, enabling faster and cheaper cross-border payments while supporting XLM in its retail payment platform.
DeFi, payments, tokenization, Soroban, governance, and project launches — curated daily from publications, project blogs, and community channels across the Stellar blockchain ecosystem.
Pundi X, a cryptocurrency POS provider, partnered with Stellar to become an Indonesian Rupiah anchor on the network, enabling faster and cheaper cross-border payments while supporting XLM in its retail payment platform.
IBM and Stellar announced a partnership settling real cross-border payments using lumens as a bridge currency across Pacific currencies. The platform integrates private and public blockchain, with IBM handling transaction clearing while Stellar's blockchain conducts settlement.
Joyce Kim, co-founder of Stellar, resigned as executive director in May 2016, passing the role to co-founder Jed McCaleb while remaining as board chairperson. Kim cited slow legal changes and specialized product design as factors in her decision, planning to explore microfinance work in developing regions.
Stellar.org outlines a three-phase strategy to achieve financial inclusion: building the Stellar network infrastructure, establishing anchor partnerships to connect financial institutions, and creating a platform for developers to build financial services for underbanked populations.
Stellar co-founder Joyce Kim discusses the project's launch challenges, consensus protocol issues being addressed by Chief Scientist David Mazières, and efforts to drive developer adoption and financial inclusion in emerging markets like Nicaragua and Vietnam.
The Future of Money & Technology Summit in San Francisco featured a dedicated digital currency track with discussions on bitcoin, blockchain, and Stellar. Panelists highlighted emerging markets as key to cryptocurrency adoption and discussed innovations like sidechains.