Stellar Ecosystem
News

Stellar's DeFi ecosystem reached a record $61 million TVL on November 24, more than 150% above its mid-November peak, driven by surging XLM prices and growth across DEXs like Aquarius, LumenSwap, and Soroswap, plus the lending protocol Blend.

A detailed recap of Meridian 2024's Dev Underground stage in London, where 80+ Stellar Community Fund winners pitched their projects over two days in a casual, collaborative environment. The article highlights standout projects, community collaborations, and the vibrant energy of builders across the Stellar ecosystem.

Shaheen, a UAE-based fintech app built on blockchain, launches to serve unbanked populations across the Middle East, Africa, and Asia with cross-border payments, multi-currency wallets, and financial inclusion tools. Parent organization Empowch expands globally with API solutions for NGOs and financial institutions.

The Stellar Development Foundation released its Q3 2024 report highlighting major ecosystem milestones including 9 million network addresses, $5M+ in Enterprise and Matching Fund investments, and the launch of Stellar Community Fund 6.0. Key achievements include Franklin Templeton's Benji platform reaching $450M in supply, Protocol 22 development nearing completion, and expanded ecosystem integrations with Dune and DefiLlama.

This guide explains how Ghanaian users can withdraw stablecoins like USDC and USDT from Binance to Ghanaian Cedi via mobile money or bank accounts using Bingtellar. Bingtellar is a web3 payments platform that supports Stellar, Solana, and BEP20 networks for seamless conversions. It offers speed, convenience, security, and fair rates as key benefits.

This article explains USDT and USDC stablecoins, their features, blockchains, use in payments, comparisons, stability issues, and alternatives. USDC is highlighted on Stellar among other chains, while USDT supports a broader range. Both are key for stable crypto transactions despite past depegging events.

COCA Wallet's Q3 2024 recap highlights explosive growth with over 138,000 users, 600,000 wallets, and €750,000 in transaction volume. Key launches include physical debit cards, Revolut Pay and Stellar blockchain integrations for USDC/USDT top-ups, BASE chain support, and the world's first Solana-enabled MPC wallet. Community initiatives like the COCA Points program and meme competition drove strong engagement.

Empowch positions its blockchain-based digital wallet as a solution for NGOs delivering aid to Syrian and Lebanese refugees in the MENA region. The self-custody platform enables instant cross-border payments and cash conversion, reducing reliance on costly intermediaries and traditional banking infrastructure.

Blockaid has integrated its Onchain Detection and Response (ODR) security technology into Stellar's Lobstr and Freighter wallets, providing real-time threat monitoring and malicious transaction detection. This partnership marks the first deployment of Blockaid's Web3 security features on the Stellar blockchain.

Stellar Development Foundation integrated Mastercard's Crypto Credential solution into its blockchain network to enable secure, compliant crypto wallet use cases. The move reflects growing momentum in stablecoin payments, with Stripe, Ripple, and other platforms expanding digital asset adoption across merchants and institutions globally.

Stellar Development Foundation integrates Mastercard's Crypto Credential solution as the exclusive credentialing system for its ecosystem, enabling secure and compliant crypto remittances and peer-to-peer transfers through wallet providers like Coins.ph, Mercado Bitcoin, and Wirex.

AUDC, a Novatti Group fintech company, has issued AUDD, an Australian dollar-backed stablecoin on the Stellar network, to solve cross-border payment liquidity challenges for financial institutions. By leveraging Stellar's DEX and a companion asset (AUDR) for on-demand minting, AUDD enables faster, cheaper, and more efficient global transactions.

Rehoboth Finance releases a step-by-step onboarding guide for its Stellar-based wallet. The tutorial covers account creation, two-factor authentication, adding assets via fiat onramp or transfers, asset swaps, and earning real-time yield. The non-custodial wallet supports XLM, USDC, BTC, ETH, and wrapped versions.

Chipper Cash has integrated with MoneyGram's global agent network, powered by Stellar, enabling seamless real-time cash-in and cash-out for its users across Africa and beyond.

The Stellar Development Foundation welcomes Raja Chakravorti as its new Chief Business Officer. With two decades of experience in fintech and payments from roles at Plaid, Root, and PayPal, Raja brings expertise in business development and financial services scaling to support the Stellar ecosystem's growth.

Tansu, a Stellar dApp, introduces an on-chain 'Support' button for funding open source projects directly via Soroban Domains. This creates transparent, costless, and borderless funding using Stellar addresses and smart contracts. Future developments include DAO-based fund management through the SCF Build program.

Tansu project announces submission for SCF Build award, outlining plans for a decentralized platform with DAOs for project management and reputation badges for contributors. The proposal includes on-chain release processes, fund allocation via wallets and potential Quadratic Funding, and a detailed roadmap across MVP, Testnet, and Mainnet phases. Emphasis is placed on community governance, transparency, and open-source sustainability within the Stellar ecosystem.

Giveth, a blockchain-based donation platform, has integrated Stellar as its 11th supported blockchain. The integration enables donors and projects to transact with low fees, fast settlement times, and access GIVbacks rewards when donating XLM.

The Stellar Development Foundation published a contribution to OMFIF's Digital Assets 2024 Report titled 'The Power of Public Blockchains,' highlighting how public blockchains offer superior stability, security, and resilience compared to traditional financial infrastructure while enabling regulatory compliance and faster settlement.

The article explores the rising potential of non-USD stablecoins in DeFi, highlighting their role in global financial inclusion and cross-border payments. It discusses EVM-compatible chains and projects like Spacewalk, which bridges Polkadot and Stellar ecosystems, alongside Vortex for fiat conversions. These innovations promise efficient on-chain FX markets and reduced reliance on traditional systems.

This article explores the evolution of wallets from ancient times to modern smart contract wallets, highlighting how Stellar's infrastructure enables user-friendly, secure smart wallets with features like gasless transactions, passkey authentication, and account abstraction.

A comprehensive guide to setting up Stellar Lumens wallets for use with Soroswap, covering wallet types, security considerations, and reviews of popular options including Freighter, XBull, Lobstr, and Hana wallets.

This article showcases real-world impact stories from the Stellar ecosystem, highlighting how stablecoins and blockchain technology are enabling financial inclusion in emerging markets. It features projects like Decaf, MoneyGram Access, Félix, Bitso, Vibrant Wallet, and ClickPesa that are bringing payments, remittances, and microfinancing to unbanked and underbanked populations globally.

The article explores bridging traditional banking and crypto payments through seamless crypto-fiat integration, highlighting platforms like Polkadot and Stellar. It discusses stablecoins, cross-border transactions, and benefits for individuals, merchants, and businesses. The piece promotes Pendulum, a Polkadot-based solution for fiat-DeFi connectivity.