Stellar Ecosystem
News

The Stellar Development Foundation is partnering with academic institutions worldwide to build the next generation of blockchain developers. SDF VP Justin Rice explains the initiative aligns with the platform's mission to democratize access to financial infrastructure by empowering builders and creators.

MoneyGram announced it will use Stellar blockchain to enable USDC stablecoin payments and near-real-time settlement for its customers, with rollout beginning this year and international expansion in 2022.

MoneyGram partners with Stellar Development Foundation to enable crypto payouts in local currencies using Circle's USDC stablecoin, integrating MoneyGram's network with Stellar blockchain for cross-border payments and settlement.

Stellar's built-in asset issuance capabilities, compliance features, and consensus protocol make it well-suited for central bank digital currencies. The network offers security and control comparable to centralized systems while enabling interoperability on a public blockchain.

Arf and Tempo Payments launched a Stellar-based payment corridor from Europe to the Philippines using Circle's Stellar USDC, enabling compliant cross-border transactions with near-zero fees and instant settlement.

This article explains liquidity pools on the Stellar network, introduced in Protocol 18. It covers how constant product price curves work, how they integrate with path payments to improve trading efficiency, and their potential for future evolution.

VersaBank and Stablecorp are launching VCAD, a Canadian stablecoin issued by a North American bank and live on Stellar. Each VCAD unit represents a one-dollar deposit with VersaBank, offering fast, low-cost cross-border transactions.

Anclap launched the first Peruvian sol stablecoin on Stellar, 100% backed by local currency. The digital asset is exchangeable for multiple Latin American currencies and wallets, advancing Anclap's goal to build a cross-border payment network reducing remittance costs.

Answerly closes SCF panel voting with milestones from three years of self-funded operation: a community of 50,000 members, 20,000 active users, and token listings on five major exchanges. Founders Raza Rizvi and Zain Haider seek SCF support to accelerate Stellar DEX integration and build partnerships across the Stellar ecosystem.

Stellar Development Foundation shares how the ecosystem accelerated Automated Market Maker (AMM) development for Protocol 18 by involving developers early with API specs, mock environments, and Futurenet testing, enabling simultaneous product launches upon network upgrade in November.

DFS Lab is hosting a three-day Blockchain Bootcamp in collaboration with the Stellar Development Foundation for nine African startups building financial solutions on Stellar. Winners will receive prizes and pitch to investors at a demo day.

Stellar Development Foundation CEO Denelle Dixon discusses how El Salvador's bitcoin adoption opens doors for broader cryptocurrency use, particularly stablecoins and remittances. She highlights how stablecoins on Stellar can reduce remittance costs from 7-8% to pennies, enabling faster cross-border payments.

This article provides a deep dive into the tokenomics of YBX, the platform token for YieldBlox, a decentralized money market protocol on the Stellar blockchain. It outlines five growth-positive utilities including staking, governance, lending/borrowing incentives, and future AMM integration, designed to bootstrap growth for both YieldBlox and the Stellar ecosystem. The model emphasizes cooperative strategies for maximum value accrual through fee redistribution and reduced sell pressure.

The article details the YBX airdrop for YieldBlox, a DeFi protocol on the Stellar blockchain, with 10 million YBX tokens distributed across three airdrops targeting community members, beta testers, and Stellar ecosystem users. Participants must meet Stellar account age requirements and set up a YBX trustline. Additional incentives include ScripTee NFT distributions for educational content and community engagement.

Jason Chlipala, COO of Stellar Development Foundation, discusses how blockchain enables safer, more efficient payment systems on shared infrastructure. He highlights Stellar's advantages for asset issuance, cross-border transactions, and financial inclusion, particularly in remittances where fees could drop from 7-15% to fractions of pennies.

Wilhelm Wanecek's research study estimates Stellar network electricity consumption at 0.222 Wh per transaction, with network traffic accounting for 94% of power use. The findings demonstrate Stellar's energy efficiency compared to proof-of-work blockchains and highlight the protocol's successful decoupling of decentralization from extreme power consumption.