Stellar Ecosystem
News

This article explains how Stellar's blockchain technology enables fast, low-cost cross-border payments by combining a frictionless blockchain pathway with local anchor partners for currency conversion. It contrasts Stellar's approach with traditional SWIFT wire transfers and highlights key advantages including settlement in seconds, minimal transaction costs, and full transparency.

The Stellar Development Foundation released a comprehensive paper titled 'The Case for Open Systems: Creating an Interoperable, Integrated World,' exploring the historical context, principles, and real-world applications of open systems in fostering innovation and equitable technology access.

Velo Labs announced strategic partnerships with TransactCloud, FT Worldwide, and an unnamed fintech innovator to advance its Web3 Finance offerings. The collaborations aim to enhance liquidity, trading, and Web2-Web3 connectivity through Velo's Universe platform and Lightyear trading bot.

The Stellar Development Foundation published a comprehensive paper examining how blockchain-based solutions advance digital financial inclusion, addressing the 1.4 billion unbanked adults globally and highlighting blockchain's role in reducing cross-border transaction costs and enabling access to formal financial services.

Moody's rated the first tokenized fund on public blockchains, giving Singapore's FundBridge Capital's SGD Delta fund an AA rating. The fund will issue tokenized units on Ethereum and Stellar, investing in Singapore government securities for accredited investors.

Stablecoins are projected to reach $3 trillion by 2028, with major players like Circle, PayPal, Ripple, and JPMorgan expanding adoption through partnerships and regulatory clarity. MoneyGram is launching a Stellar blockchain wallet for cross-border payments in early 2024.

Stellar Aid Assist, launched one year ago in Ukraine with UNHCR, has successfully disbursed $1.1 million in aid to over 1,500 internally displaced people. The initiative's success led to the development and open-sourcing of the Stellar Disbursement Platform, enabling bulk payments across borders for governments, organizations, and companies.

This article explains asset tokenization on Stellar, covering what it is, who can tokenize assets, key benefits like operational efficiency and transparency, and the technical process for creating digital representations of real-world assets on the network.

The Stellar Development Foundation submitted comments to the European Securities and Markets Authority (ESMA) on blockchain sustainability standards under the MiCA regulation, highlighting the Stellar network's environmental efficiencies and promoting the use of existing assessment methodologies like the Blockchain Sustainability Framework developed with PwC.

Beans collaborates with the Stellar Foundation and Friends With Benefits to support Casa Tochan's migrant shelter using the Stellar Disbursement Platform. The initiative leverages the Beans wallet for fee-free, instant fund disbursements, highlighting blockchain's humanitarian potential. This partnership demonstrates accessible financial services for global good.

Dropzey is a new platform revolutionizing airdrops on the Stellar blockchain. It leverages Stellar's Soroban smart contracts to automate eligibility verification, streamline token distributions, and enhance engagement for creators and participants. The platform addresses traditional airdrop challenges like verification complexities and limited visibility.

Stellar Community Fund launches SCF 5.0 with Neural Quorum Governance, a reputation-based voting mechanism built on Soroban. The fund deployed $10M to 130+ projects in 2023 and introduces streamlined Activation and Community Awards up to $50K and $100K respectively.

Stasis Euro (EURS), the top Euro stablecoin by market cap at $136M, is now live on Stellar Network. Despite leading in market cap, EURS ranks third in daily trading volume, with Stasis positioning it for DeFi use cases on Stellar.

The Stellar Development Foundation published 'A Practical Framework for Decentralization,' a policy paper that provides a structured approach for evaluating and measuring decentralization in blockchain networks. The framework addresses how policymakers and regulators can assess decentralization across network structure, failure resistance, and decision-making processes.

The Stellar Community Fund has distributed over $10M in XLM to 130+ projects across 10 review rounds and is scaling up funding by five times. The article provides eight key guidelines for submitting successful SCF proposals, emphasizing ecosystem impact, clear deliverables, and deep Stellar/Soroban integration.

The Stellar Development Foundation announced that its Head of Policy, Lesley Chavkin, has joined the Stablecoin Standard Advisory Board to contribute expertise on stablecoin regulation and standards. This move aligns with SDF's mission to advance financial inclusion and support innovative payments solutions, particularly for remittances.

Range partners with Oak Security to deliver end-to-end security for Cosmos projects, extending audits into continuous monitoring. This addresses limitations like dynamic codebases and third-party risks. Range, trusted by Stellar among others, provides customized real-time security tools.

This article explains stablecoins, their types, growth, risks, and regulatory challenges in crypto markets. It highlights issues like centralization and past failures such as TerraUSD. Range is introduced as a leading platform for cross-chain stablecoin intelligence, trusted by Stellar and others.

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 Development Foundation announced the winners of Sorobanathon: Road to Mainnet, a month-long virtual hackathon held September-October 2023. Four projects were awarded: Cowchain Farm (gaming), Divify (expense management), Kwickbit & Paltalabs (compliance), and Soro-Shark (tokenization), with SDF planning additional hackathons for 2024.

The Stellar Development Foundation submitted a comprehensive response to the French financial regulator AMF's DeFi discussion paper, advocating for regulatory frameworks that balance innovation with consumer protection through open source technology and decentralization principles.

Range CEO Andres Monteoliva discusses mitigative measures for blockchain bridge exploits at the DeFi Security Summit. The talk covers types of bridges and security mechanisms like rate limits and circuit breakers. Range, trusted by Stellar and others, provides cross-chain stablecoin infrastructure with compliance and risk tools.