Stellar Ecosystem
News

SDF launches Stellar Ramps, a suite of open standards enabling applications to connect to a global network of on and off ramps provided by Stellar anchors, making it easier for users to convert fiat to digital assets and vice versa.

This article explains how to integrate the Stellar Network into SME businesses, focusing on public-key cryptography, federation for human-readable addresses, and QR code support in Stellar wallets. It highlights Stellar's advantages over Ethereum ENS and compares it to Bitcoin's bip 0021 payment URIs. Examples include smart anchors like Flutterwave for simplified bank integrations.

MYKOBO announces a strategic partnership with Beans, a Stellar Community Fund #10 winner, to support EURC Euro on and off ramps. This enables Beans users to deposit/withdraw Euros easily and access IBANs soon. Both companies are built on Stellar for cheaper, faster cross-border payments, with integration launching in early Q4 2022.

USDC on Stellar is now live on Ledger Live, enabling users to securely send, receive, and buy USDC through Ledger hardware wallets. This integration expands network participation and brings low-cost cross-border payments to Ledger's millions of users.

The Stellar Development Foundation released its Q2 2022 report highlighting progress on three strategic pillars: Protocol 19 went live enabling payment channels, Project Jump Cannon smart contracts advanced with WASM, and ecosystem funding reached 10.5M XLM across 15 projects through the Stellar Community Fund's 10th round.

Stellar announces Meridian 2022, its 4th annual conference in Rome (October 11-13), themed 'The Urgency of Doing.' The event will bring together developers, entrepreneurs, and policymakers to discuss blockchain solutions for real-world challenges like cross-border payments, financial inclusion, and regulatory frameworks.

BP Ventures won a $125,000 grant from the Stellar Community Fund for its solution enabling FinTechs to leverage USDC on the Stellar blockchain for payments. The platform integrates with MoneyGram's USDC services for seamless cross-border remittances. This highlights growing adoption of Stellar and USDC in the remittance industry.

Wyre integrated with MoneyGram's Stellar-powered on/off-ramp service, enabling users to convert between cash and cryptocurrency globally. The zero-fee service for 12 months lets users move fiat to blockchain in five minutes and cash out digital assets from nearly anywhere.

WhiteBIT, a major European exchange with 3M+ users, integrated USD Coin (USDC) on Stellar, enabling deposits and withdrawals. This expands USDC availability across digital asset platforms and demonstrates growing adoption of Stellar's stablecoin infrastructure.

Nium partners with Stellar Development Foundation to enable fiat payouts in 190 countries via API integration, allowing businesses to access real-time cross-border payment services without building their own infrastructure.

Nium and the Stellar Development Foundation announced a partnership enabling fiat payouts to 190 countries via Stellar. Businesses can now leverage Nium's API to facilitate near-instant cross-border payments without prefunding local treasuries, combining Nium's global reach with Stellar's blockchain infrastructure.

MoneyGram and the Stellar Development Foundation launched a global on/off-ramp service enabling users to convert between cash and cryptocurrencies at MoneyGram locations. The service, powered by Stellar and USDC, is now available in Canada, Kenya, Philippines, and the U.S., with global cash-out functionality expected by June 2022.

MoneyGram launched an on- and off-ramp service for digital wallets in partnership with Stellar Development Foundation, enabling users to convert between fiat and cryptocurrency without bank accounts. The service rolls out in Canada, Kenya, the Philippines, and the US using Circle's USDC stablecoin, with Vibrat and Lobstr wallet integration.

Mercado Bitcoin, Latin America's largest digital asset platform, now enables USD Coin trading on the Stellar network with transaction fees of a fraction of one cent, expanding USDC accessibility and liquidity for the region.

Mercado Bitcoin, Latin America's largest digital assets platform, now offers USDC on the Stellar network, enabling customers to transact with fees of a fraction of a cent. This marks the first time the exchange has offered the same asset across multiple networks.

The Stellar Development Foundation advocates for clear stablecoin legislation that requires audited, fiat-backed reserves held in regulated banks. SDF emphasizes the need to distinguish genuine stablecoins from other token structures and calls for consistent global regulatory guardrails to protect consumers and build trust in blockchain payments.

Alfred Pay, a Stellar Community Fund winner, is building a LATAM-focused remittance platform using USDC on Stellar. The fintech operates as both an anchor and consumer wallet app, launching anchor services in the Dominican Republic this June with plans to expand across Latin America.

Stellar validators will vote on Protocol 19 upgrade on June 8, 2022, introducing new transaction preconditions and signer types to enable payment channels, bridges, and key recovery solutions. The upgrade enables Layer 2 scaling with Starlight prototype achieving 1.19 million payments per second.

Novatti Group announced the launch of AUDC, an Australian Dollar-backed stablecoin on the Stellar blockchain. The 1:1 AUD-backed digital asset will integrate into Novatti's payment solutions, enabling faster, lower-cost domestic and cross-border transactions with support from the Stellar Development Foundation.

DFS Lab and the Stellar Development Foundation are launching their second Blockchain Bootcamp in April 2022, bringing together 10 African startups to build payment and financial inclusion solutions on Stellar over three days, with winners receiving prizes and demo day pitching opportunities.

Newton, a Canadian crypto trading platform with 450,000 users, now supports USDC deposits and withdrawals on Stellar, offering near-zero transaction fees and instant settlement alongside multichain USDC support.

The Stellar Development Foundation and Wirex released a 2022 cryptocurrency adoption report surveying 8,257 people across the UK, US, Singapore, and Mexico. Key findings show 81% of the general population has heard of crypto, 39% own or have owned it, and adoption is spreading beyond the stereotypical young male demographic to women and older adults.

Velo Labs and Philippine Digital Asset Exchange (PDAX) partnered to improve cross-border payments to the Philippines using blockchain technology, targeting the $34 billion annual remittance market with faster, cheaper, and more secure transactions.