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Stellar News Today

Every Stellar story we summarized, newest first.

2 Stellar stories in the last 7 days

All crypto news

CoinDesk

Firelight raises $8 million, expands beyond XRP as it aims to make DeFi less scary for fintechs

The protocol aims to give fintechs and investors a faster way to recover losses from DeFi hacks, while letting XRP, bitcoin and XLM holders earn yield by backing that protection.

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CoinTelegraph

Stellar tokenized RWA market more than quadruples to nearly $4B

Stellar’s real-world asset market has expanded rapidly this year as institutional adoption and tokenization activity grow across the network.

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CoinTelegraph

Tradable’s $1B Stellar deal adds to institutional tokenization boom

Tradable is bringing up to $1 billion in private credit assets to Stellar, expanding the blockchain's institutional finance push and tokenized real-world assets. This deal, part of a growing institutional tokenization boom, highlights increasing adoption of blockchain technology in traditional finance. The market is witnessing a surge in institutional investment in digital assets, driving growth and adoption.

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The Block

Tokenization startup Tradable plans to bring $1 billion worth of private credit assets to Stellar

Tradable, a tokenization startup, plans to bring $1 billion worth of private credit assets to Stellar, solidifying the blockchain's position as a top choice for institutional tokenization. This move follows notable partnerships with Franklin Templeton and WisdomTree, further validating Stellar's capabilities for large-scale asset tokenization, which is expected to boost its adoption in the financial sector.

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CoinTelegraph

UN agency moves Stellar blockchain payment initiative beyond pilot stage

The UN Development Programme is expanding its Stellar blockchain payment initiative beyond the pilot stage, having successfully implemented it in five countries. These pilots have shown significant cost savings and improved resilience, which will now inform wider adoption across its humanitarian and development programs, enhancing efficiency and effectiveness in global aid delivery operations.

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CoinDesk

Bitcoin nears 2024 lows as options traders pay up for downside protection

Bitcoin and ether are sliding toward key support price levels, with Bitcoin nearing its 2024 lows. DeFi tokens are being hit hardest, while XLM and LIT buck the broader market weakness. Options traders are paying up for downside protection, indicating a growing fear of further price drops, which could lead to a potential market correction in the coming days.

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CoinDesk

CoinDesk 20 performance update: Stellar (XLM) jumps 10% while index declines

The CoinDesk 20 index declines as Internet Computer (ICP) falls 4.1% and Sui (SUI) drops 4%. Meanwhile, Stellar (XLM) bucks the trend with a 10% surge. The contrasting performances highlight the index's volatility, with its decline driven by the losses of ICP and SUI. Market sentiment remains uncertain, with investors closely watching the index's movements.

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CoinDesk

CoinDesk 20 performance update: Uniswap (UNI) gains 12.9% while index trades lower

Uniswap (UNI) surges 12.9% while Stellar (XLM) gains 2.7% from Monday, joining UNI as a top performer on the CoinDesk 20. Both cryptocurrencies defy the index's overall decline. Market sentiment shifts as investors increasingly favor decentralized finance (DeFi) projects, driving UNI's price up, while XLM's growth may indicate a resurgence in interest for its blockchain technology.

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Decrypt

A Quantum Clock Is Ticking for Bitcoin and Crypto—Here's How Stellar Is Preparing

The Stellar Development Foundation is unveiling a three-step roadmap to prepare the XLM network for the impending quantum computing threat, which could potentially compromise the security of Bitcoin and other cryptocurrencies.

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CoinTelegraph

Price predictions 6/3: BTC, ETH, BNB, XRP, SOL, HYPE, DOGE, ZEC, ADA, XLM

Bitcoin is at risk of a drop below $65,000, but buyers are expected to mount a strong defense as the price nears the crucial $60,000 level, a key psychological barrier that could trigger a buying frenzy and potentially stabilize the market, with a failure to hold this level potentially leading to a further decline in cryptocurrency prices overall.

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CoinTelegraph

MoneyGram launches MGUSD stablecoin on Stellar network

MoneyGram is launching MGUSD, a dollar stablecoin on the Stellar network, further expanding its blockchain-based global payments. This move enables faster and cheaper cross-border transactions. With over 2 million agents in 200 countries, MoneyGram aims to increase financial inclusion by leveraging blockchain technology, potentially disrupting traditional remittance markets and increasing market share.

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CoinDesk

MoneyGram launches stablecoin on Stellar, joining rush toward digital dollar payments

MoneyGram is launching a stablecoin called MGUSD, issued by Stripe's Bridge, on the Stellar network, joining the growing trend of digital dollar payments. This move will enable seamless transactions across MoneyGram's global network, leveraging the security and efficiency of stablecoins in cross-border payments, which are gaining traction in the industry, potentially disrupting traditional payment systems.

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The Block

MoneyGram debuts MGUSD stablecoin on Stellar for its global payments network

MoneyGram is debuting MGUSD, a USD stablecoin on Stellar, backed by Bridge and Fireblocks, aiming to serve over 60 million customers worldwide for cross-border payments. This move enables faster, lower-cost transactions. The stablecoin is expected to enhance MoneyGram's global payments network, potentially increasing adoption and reducing reliance on traditional currency exchange methods.

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CoinDesk

How Stellar became part of DTCC's tokenization push for Wall Street securities onchain

The Depository Trust and Clearing Corporation (DTCC) has chosen Stellar as part of its tokenization push for Wall Street securities onchain, according to Stellar Development Foundation CEO Denelle Dixon. This move leverages Stellar's public blockchain with compliance tools built for regulated assets, potentially paving the way for seamless and secure onchain transactions in the financial sector.

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CoinTelegraph

Why is Stellar's XLM up by over 50% this week?

Stellar's XLM is up by over 50% this week after US financial giant DTCC announced a partnership with the Stellar Network, signaling significant growth potential for the cryptocurrency. However, XLM still risks a sharp downside in the coming weeks due to market volatility and potential oversaturation, which could temper its recent gains and stabilize its price.

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CoinDesk

CoinDesk 20 performance update: Internet Computer (ICP) Jumps 9.8%

Internet Computer (ICP) surges 9.8% as it joins Stellar (XLM) at the top of the CoinDesk 20 performance update, with XLM up 1.7%. The sudden jump in ICP's value is attributed to market sentiment and investor confidence. Market implications include a potential shift in investor focus towards the Internet Computer ecosystem and its growing adoption.

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CoinDesk

DTCC plans to bring tokenized assets to Stellar in latest Wall Street blockchain push

DTCC plans to integrate tokenized assets onto the Stellar blockchain in the first half of 2027, aiming to connect tokenized stocks, ETFs, and Treasuries to the network. This move marks a significant step towards mainstream adoption of blockchain technology on Wall Street, potentially increasing liquidity and accessibility for institutional investors, and further solidifying the industry's push towards digital assets.

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CoinTelegraph

Bermuda to transition ‘key’ financial services to Stellar blockchain

Bermuda Premier David Burt is announcing crypto-related initiatives to integrate the island nation with the industry, including accepting and investing in digital assets and on-chain financial services. The country will transition key financial services to Stellar blockchain, further solidifying its commitment to blockchain technology and digital assets, potentially attracting more crypto-related businesses to the island.

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