Stellar Ecosystem
News

SDF launched the Anchor Platform at Meridian, a new product that reduces development time for fintechs integrating into Stellar by translating existing APIs into SEP-compliant interfaces. Bitso and Red Chapina are already using it for cross-border payments.

Starbridge protocol uses Stellar's existing features to enable secure token bridging between Ethereum and Stellar without smart contracts. The team formally verified the protocol with Ivy to ensure users cannot double-spend or exploit withdrawal and refund mechanisms.

The Stellar Development Foundation released its Q3 2022 report highlighting major progress: Soroban smart contracts launched on futurenet, a $100M adoption fund was announced, Meridian 2022 conference drew 380+ attendees, and the Anchor Platform entered final testing.

SDF invested $10 million in NetXD Inc., a Web3 platform for asset securitization and digital asset custody. NetXD will build on Stellar, leveraging its compliance features and native capabilities to enable embedded finance for businesses.

Soroban, Stellar's smart contracts platform, is now live on Futurenet. The SDF launched Sorobanathon: First Light, the first program under its $100M Soroban Adoption Fund, offering developers 250-3,000 XLM rewards for creating tutorials, code examples, and documentation.

The Stellar Development Foundation announced a $5 million investment in Wave, an African mobile money app serving over 10 million users across five countries. The investment supports Wave's integration with Stellar to expand affordable financial services across Africa.

The Stellar Development Foundation and ecosystem members gathered in Rome for Meridian 2022, their fourth annual conference. Themed around Leonardo da Vinci's 'Urgency of Doing,' the in-person event brought together the community to discuss solutions to pressing problems and left attendees motivated to take action.

Anthony Barker, CEO of BPV, spoke at the IPR Global Event 2022 panel on blockchain's future in payments and remittances. He shared insights on stablecoins, regulatory compliance, and integrating protocols like Stellar with traditional finance. The discussion highlighted blockchain's potential to enhance transaction security and efficiency for money transfer organizations.

The Stellar Development Foundation announced a $100M Soroban Adoption Fund to support developers building on Soroban, its native smart contracts platform now live on Futurenet. The fund includes Sorobanathon: First Light, an incentive program rewarding developers for testing and providing feedback.

Wirex now supports USDC on Stellar, enabling 5 million users to save and spend the stablecoin via crypto-enabled debit cards with rewards up to 8% in WXT tokens across 39 countries.

The Stellar Development Foundation announced five winners of its $5 million Bridge Bounty Program, awarding up to $1 million in XLM each to teams building cross-chain interoperability solutions connecting Stellar with other DeFi ecosystems. Winners include Allbridge, Axelar, Cubist, Kaladin, and Multichain.

MYKOBO announces their attendance at the Stellar Meridian event in Rome. They invite attendees to meet and explore opportunities with their Euro Stablecoin payments solution on Stellar. The post highlights #Stellar, #XLM, #EURC, and #blockchain.

Stellar Quest Learn launches Level Three with XLM rewards (up to 100 XLM total), introduces a Pioneer Quest for wallet onboarding, and removes wallet connection requirements to reduce friction for new users.

Meridian 2022, Stellar's annual in-person conference, takes place Oct. 11-13 in Rome with 40+ sessions, 65+ speakers, and networking opportunities. Registration is free and mandatory online; the venue is Palazzo Brancaccio in central Rome.

Stellar Development Foundation released a comprehensive sustainability assessment framework to measure blockchain environmental impacts. Applied to Stellar's Proof-of-Agreement consensus, the analysis shows Stellar's annual footprint equals emissions from 33.7 US homes, demonstrating efficiency by design.

Vitreous, a transparent fundraising platform built on Stellar, won SCF #10. The platform uses Stellar's low fees and anchor network to enable global fundraising with community-enforced accountability through public transaction visibility.

Litemint has launched decentralized NFT auctions on the Stellar blockchain, utilizing time-bound transactions, pre-authorized transactions, and path payments for secure, trustless execution. The system ensures no third-party custody, bid protection until auction end, reserve price enforcement, and participant withdrawal rights. Full settlement occurs on the Stellar DEX via a pre-authorized contract transaction.

Stellar's developer documentation received a major overhaul with new structure, reorganized sections including a new Fundamentals and Concepts area, and an expanded Encyclopedia. The update aims to improve the developer experience with iterative improvements rolling out over coming months.