Stellar
Coverage of Stellar in the Nexus archive.
- Price predictions 6/3: BTC, ETH, BNB, XRP, SOL, HYPE, DOGE, ZEC, ADA, XLM
Bitcoin faces a potential drop below $65,000, with buyers expected to defend the $60,000 level. Price predictions are provided for cryptocurrencies including BTC, ETH, BNB, XRP, SOL, HYPE, DOGE, ZEC, ADA, and XLM.
- MoneyGram launches MGUSD stablecoin on Stellar network
MoneyGram launched MGUSD, a dollar stablecoin on the Stellar network, as part of its expansion into blockchain-based global payments.
- Stellar CEO says Clarity Act would help, but tokenization isn't dependent on it
Stellar CEO supports the Clarity Act, stating it could be beneficial, but emphasizes that tokenization does not rely on the Act for its development. The CEO highlights the independence of tokenization progress from regulatory changes.
- MoneyGram debuts MGUSD stablecoin on Stellar for its global payments network
MoneyGram launched MGUSD, a USD stablecoin on the Stellar blockchain, backed by Bridge and Fireblocks. The stablecoin targets 60 million+ customers for cross-border payments through MoneyGram's global network.
- MoneyGram launches stablecoin on Stellar, joining rush toward digital dollar payments
MoneyGram has launched a stablecoin on the Stellar blockchain network, aligning with the growing trend of digital dollar payments.
- CoinDesk 20 performance update: Stellar (XLM) surges 14.1% over weekend
Stellar (XLM) experienced a 14.1% surge over the weekend according to CoinDesk 20 performance data. The cryptocurrency's price increase is highlighted as a key development in the report.
- How Stellar became part of DTCC's tokenization push for Wall Street securities onchain
Stellar has joined DTCC's initiative to tokenize Wall Street securities using blockchain technology. The collaboration aims to advance onchain solutions for financial assets.
- CoinDesk 20 performance update: Stellar (XLM) jumps 10.5% as nearly all assets fall
Stellar (XLM) surged 10.5% in CoinDesk 20 performance despite nearly all other assets declining. The cryptocurrency's rise contrasts with a broader market downturn, highlighting its unique momentum.
- DTCC plans to bring tokenized assets to Stellar in latest Wall Street blockchain push
DTCC, a major financial services provider, plans to integrate tokenized assets on the Stellar blockchain, marking a significant step in Wall Street's adoption of blockchain technology. This move aims to enhance efficiency in asset settlement and expand digital asset capabilities.
- Tiny Bermuda Just Chose Stellar to Run Its Entire Finance
Bermuda has chosen Stellar to manage its finance sector. This decision marks a significant development in the island's financial infrastructure. The move is expected to enhance Bermuda's financial capabilities.
- Bermuda to transition ‘key’ financial services to Stellar blockchain
Bermuda Premier David Burt announced initiatives to bring the island nation closer to the crypto industry, including accepting and investing in digital assets and on-chain financial services. Bermuda will transition key financial services to the Stellar blockchain. This move aims to strengthen the island's presence in the crypto space.
- defi on stellar
The article discusses Blend Capital's lending protocol on Stellar, comparing its supply APY on stablecoin lending to other protocols on Ethereum and Solana. The author questions the catch behind Blend Capital's higher APY. The discussion is centered around the risks and considerations of this lending protocol.
- Stellar and Wirex Go Live with Dual-Stablecoin Visa Settlement in USDC and EURC for 7 Million+ Users
Stellar and Wirex have launched a dual-stablecoin Visa settlement system using USDC and EURC, enabling 7 million+ users to transact with these stablecoins. The partnership aims to enhance financial accessibility and streamline payments through blockchain technology.
- Stellar’s CMO says crypto must ditch hype and “get rich slow” to win mainstream trust
Stellar's Chief Marketing Officer argues that the cryptocurrency industry needs to move away from hype-driven narratives and adopt a 'get rich slow' approach to build mainstream trust. The statement highlights the importance of sustainable growth over rapid speculation to gain broader acceptance.
- Exploring Beans: A non-custodial interface for Stellar-based DeFi (Blend & Defindex integration)
Beans is a non-custodial Stellar-based DeFi interface integrating Blend and Defindex for lending and yield optimization. It addresses seed phrase friction with smart account recovery and offers cash on/off-ramps via MoneyGram. Security audits and risk disclosures highlight potential smart contract, liquidity, and market risks.
- stablecoin UX is still weird once funds start on another chain
The article discusses challenges in stablecoin user experience across blockchain networks, particularly highlighting Solana's ecosystem limitations when funds originate from other chains. It emphasizes the need for cross-network execution tools like SODAX, which operates across 18 networks, to simplify liquidity and routing complexities.
- CoinDesk 20 performance update: Stellar (XLM) gains 1.5%, leading index higher
Stellar (XLM) increased by 1.5% in the CoinDesk 20 index, outperforming other cryptocurrencies and driving the index higher. The performance update highlights XLM as the top performer in the list.
- From Stellar to Canton: How Franklin Templeton Adopted Tokenization
Franklin Templeton, a major asset manager, has adopted tokenization to enhance its digital assets strategy. Roger Bayston, the company's Head of Digital Assets, discussed this transition in an article.