Stellar Ecosystem
News

Stax, an African fintech app, received $500,000 from the Stellar Development Foundation's Matching Fund to build a non-custodial USDC wallet on Stellar, enabling offline payments via USSD for users with limited mobile data.

SDF CEO Denelle Dixon testified before the U.S. Senate on the Digital Commodities Consumer Protection Act, emphasizing Stellar's role in financial inclusion for the 2 billion unbanked people globally and calling for regulatory clarity to unlock blockchain's potential.

The Stellar Development Foundation announced Meridian 2022, its annual in-person conference returning to Rome October 11-13. The event will feature keynotes from Alexis Ohanian, CFTC Commissioner Caroline Pham, and industry leaders, with sessions on stablecoins, humanitarian aid, regulation, and blockchain's role in financial inclusion.

Stellar's Meridian 2022 conference returns to Rome for the first time since 2019, bringing together the community to tackle urgent global challenges through collective problem-solving and diverse perspectives on blockchain solutions.

Beans, a non-custodial wallet enabling zero-fee international payments on Stellar, shares insights on winning the Stellar Community Fund Round 10. The app leverages Stellar's fee sponsorship and on/off ramps to simplify cross-border transactions for mainstream users.

Grayscale is facing SEC scrutiny over whether Stellar (XLM), Zcash (ZEC), and Horizen (ZEN) tokens are securities, with the asset manager shifting its legal stance in recent filings to acknowledge these assets may currently qualify as securities under federal law.

LINK, a Nigerian fintech that won Stellar Community Fund Round 10, uses Stellar's anchor infrastructure and NGNC stablecoin to enable fast, cheap cross-border payments across Africa. The company has integrated four businesses with $825k MRR and plans to scale its P2P platform to 50+ countries.

Bitwage, a payroll platform for remote workers, integrated USD Coin (USDC) on Stellar to enable near-zero transaction fees for salary payments. The integration helps workers in Latin America and beyond receive wages faster and cheaper while reducing employer overhead.

Stellar Development Foundation announces a design contest for Meridian 2022, the 4th annual conference in Rome. The winner receives a trip to the event; submissions run through September 3rd, 2022.

Robinhood added Stellar Lumens (XLM) and Avalanche (AVAX) to its platform, bringing total supported cryptocurrencies to 15. XLM gained 6% in 24 hours following the announcement.

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.

SDF, eCurrency, and ANZ's CBDC prototype solution has been shortlisted for the G20 TechSprint 2022, competing to demonstrate how central bank digital currencies can be issued and distributed efficiently on blockchain infrastructure.

The Stellar Development Foundation published an updated security guide covering common scams targeting the Stellar community, including phishing, support fraud, look-alike assets, and false claims. SDF clarifies it never asks for private keys, controls accounts, or freezes funds, and provides guidance on protecting yourself and reporting fraud.

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.

Task.io, a mobile app built on Stellar, partners with Biochar Life to incentivize smallholder farmers in developing countries to produce biochar instead of burning agricultural waste. For each metric ton of carbon sequestered, one STS token is minted on Stellar and sold to carbon offset buyers, with proceeds funding farmer communities.

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.