Stellar Ecosystem
News

The Stellar Development Foundation shared progress on Soroban's Minimum Viable Ecosystem, outlining priority building blocks like financial primitives, data tools, and wallets needed before mainnet launch this fall. The foundation is actively funding projects through the Stellar Community Fund and inviting developers to help shape the platform.

Bitso integrated Stellar's Anchor Network to enable USDC payments to Argentina, Colombia, and Mexico, leveraging blockchain to improve cross-border settlement times and costs for businesses and remittances.

The Stellar Development Foundation's Twitter account was compromised via SIM swap attack on July 8, 2023, used to spread phishing scams. SDF regained control within 6 hours and upgraded security protocols across all platforms to use stronger authentication methods like security keys.

This article explores the various consensus mechanisms available in Hyperledger Fabric, including PBFT, Kafka, Raft, Solo, and IBFT. It details their characteristics, use cases, and how they integrate with Fabric's architecture like ordering services and endorsement policies. A brief mention of Stellar Consensus Protocol (SCP) appears in the context of external consensus integration.

Aquarius announces participation in Stellar Community Fund round 15 to develop Soroban-powered AMMs on the Stellar network. The project aims to create Uniswap v2-style smart contracts, advanced AMM types, and AQUA reward distribution on Soroban futurenet. This builds on Aquarius' established liquidity incentivization system, which has distributed over $2.25M in rewards.

Soroban implements state expiration to address blockchain state bloat, becoming the first blockchain to deploy this solution at mainnet launch. The design includes an Expired State Store, two storage types (Temporary and Persistent), and a rent model to prioritize important data and improve network scalability.

Allbridge launched a cross-chain bridge connecting Stellar to Ethereum, Solana, Celo, and Polygon, enabling seamless asset transfers and expanding DeFi opportunities on the Stellar network.

This article explains what anchors are on the Stellar network—organizations that bridge traditional banking systems to Stellar, enabling users to exchange fiat currency for digital assets. It covers anchor types, benefits, and how to become one through the Anchor Platform.

The Stellar Newsletter highlights upcoming events like Meridian 2023 in Madrid with Idris Elba, MoneyGram's USDC case study on Stellar, and Coinbase's integration with USDC on the network. It covers improvements to the Anchor Directory, wallet on/off-ramp integrations, Soroban infrastructure projects, and a new Soroban security bug bounty. Developer updates include proposed transaction changes and SCF submission best practices.

Soroban Preview 10 introduces new State Expiration logic to address blockchain bloat issues, along with Rust SDK changes and clearer smart contract limits. July focused on refactors rather than new features, including rethinking governance token distribution. A new Stable Liquidity Pools contract for stablecoins is in development for future deployment.

The Stellar Community Fund spotlights four SCF-awarded projects enhancing Soroban: Reflector (price feed oracle), Chainlink Oracles Relayer (VRF proxy), Elio DAO (decentralized governance), and Anchain.ai's Smart Contract Catalog (developer templates).

Tech Talks with Tomer Episode 3 Season 2 features Chad Ostrowski from Aha Labs discussing smart contract development across NEAR, Soroban, and CosmWasm. The video series hosted by Tomer Weller, VP of Product at @StellarOrg, explores innovations in blockchain engineering.

Soroban is Stellar's smart contract platform launching on mainnet, combining Rust and WebAssembly to enable DeFi applications while leveraging Stellar's 8-year track record in payments and anchor network for global financial access.

Carole House, former White House cybersecurity director, discusses crypto's role in financial crime investigations, regulatory enforcement, and the push for an enabling US regulatory environment for digital currencies.

EU regulators finalized MiCA crypto regulation and are working on a Data Act that could impose problematic requirements on smart contracts built on public blockchains, potentially hindering DeFi development across Europe.

Coinbase now supports USDC deposits and withdrawals via Stellar, enabling millions of users to access faster, low-cost digital dollar transactions with near-zero fees and 5-second settlement times across 180+ countries.

Beans is running a video contest offering $50 rewards for the 3 best videos showcasing how users are utilizing the Beans app and MoneyGram cash on/off-ramp functionality for real-world use cases like remittances and bill payments.

The Stellar Development Foundation explains why on and off-ramps are critical infrastructure for crypto adoption, highlighting how they enable conversion between fiat and digital currencies. SDF emphasizes that accessible ramps are essential for financial inclusion, especially for the 2 billion unbanked workers globally who rely on cash.

Franklin Templeton's OnChain U.S. Government Money Fund, which uses Stellar blockchain for record-keeping, now has over $290 million in assets under management. The firm is exploring blockchain's potential to transform capital markets through tokenization and smart contracts.

Argentina's economic instability and poor official exchange rates drive citizens to seek better alternatives for currency exchange. Beans, a non-custodial wallet on the Stellar blockchain, uses stablecoins like USDC to enable tax-free, market-rate conversions between USD and ARS, often surpassing the blue dollar rate. This allows faster, cheaper cross-border transfers with added features like free transactions and interest-bearing savings.

Mary Saracco, Co-Founder and CFO of Latamex, shares her founder journey building Latin America's largest fiat gateway on Stellar. Her experience at the World Bank and frustrations with cross-border banking friction inspired her to create blockchain-enabled financial services for her home region.