Stellar

Stellar is an open network that allows money to be moved and stored. When it was released in July 2014, one of its goals was boosting financial inclusion by reaching the world’s unbanked — but soon afterwards, its priorities shifted to helping financial firms connect with one another through blockchain technology. The network’s native token, lumens, serves as a bridge that makes it less expensive to trade assets across borders. All of this aims to challenge existing payment providers, who often charge high fees for a similar service.

The Stellar project was launched in 2014 by Ripple co-founder Jed McCaleb and his partner Joyce Kim. McCaleb left Ripple in 2013 due to disagreements about the project’s vision with fellow co-founders.

Stellar is an open network that allows money to be moved and stored. When it was released in July 2014, one of its goals was boosting financial inclusion by reaching the world’s unbanked—but its priorities shifted to helping financial firms connect with one another through blockchain technology. 

The network's native token, lumens, serves as a bridge that makes it less expensive to trade assets across borders. All of this aims to challenge existing payment providers, who often charge high fees for a similar service.

There are about 50 billion lumens in existence. No more lumens will be created. There are currently about 20 billion lumens circulating in the open market

The Stellar Development Foundation, which is a non-profit organization that supports adoption of the Stellar Lumens payment network, was created in collaboration with Stripe CEO Patrick Collison. Stripe received 2 billion lumens in return for a $3 million seed investment. 

Litecoin

Popular cryptocurrency trader and Dogecoin (CRYPTO: DOGE) bear Michaël van de Poppe has said investors should watch for some altcoins that are ready for “a massive breakout” to the upside as the bull market continues.

Popular Crypto Trader Michaël Van De Poppe Says XRP And These 3 Altcoins Are Ready 'For A Massive Breakout'

Over the past 24 hours, Stellar's (CRYPTO: XLM) price has risen 8.11% to $0.36. This continues its positive trend over the past week where it has experienced a 13.0% gain, moving from $0.32 to its current price.

Cryptocurrency Stellar Rises More Than 8% In 24 hours

Moneygram, one of the leaders in the cross-border payments and remittances market, has partnered with the Stellar Development Foundation to use the Stellar blockchain for settlements. The company will use the native version of USD coin (USDC), a popular stablecoin, to simplify and accelerate the process of sending remittances. This also means that Moneygram will […]

Moneygram Partners With Stellar Development Foundation to Allow Users to Make Remittances With USD Coin

The Stellar (CRYPTO: XLM) blockchain's native crypto token gained more than 16% over 24-hours following news of its partnership with MoneyGram International Inc (NASDAQ: MGI).

Stellar (XLM) Gains 16% After Partnering With MoneyGram To Launch USDC Settlement

Over the past 24 hours, Stellar's (CRYPTO: XLM) price rose 10.89% to $0.36. This continues its positive trend over the past week where it has experienced a 28.0% gain, moving from $0.28 to its current price.

Cryptocurrency Stellar Rises More Than 10% In 24 hours

MoneyGram is partnering with the Stellar Development Foundation to enable crypto payouts in local currencies for users. The post MoneyGram looks to Stellar and USDC to enable local currency payouts appeared first on The Block.

MoneyGram looks to Stellar and USDC to enable local currency payouts

The firms will begin a pilot this year followed by gradual rollout in early 2022.

MoneyGram Partners With Stellar and USDC for Blockchain-Based Payments

Integrated with the Stellar blockchain, MoneyGram's network will enable cash funding and payout in local currency for consumers using USDC, with near-instant backend settlement capabilities.

MoneyGram Partners With Ripple Competitor Stellar, Will Settle Transactions With USDC Stablecoin

Stellar's (CRYPTO: XLM) price has increased 3.81% over the past 24 hours to $0.27, which is in the opposite direction of its trend over the past week, where it has experienced a 7.0% loss, moving from $0.29 to its current price. As it stands right now, the coin's all-time high is $0.88.

Stellar Rises More Than 3% In 24 hours

The stablecoin has been launched by Latin American digital token issuer Anclap and is 100% backed in local currency.

Stablecoin Pegged to Peru's Currency Launches on Stellar

Stellar's (CRYPTO: XLM) price has decreased 8.58% over the past 24 hours to $0.28, continuing its downward trend over the past week of -12.0%, moving from $0.32 to its current price.

Cryptocurrency Stellar Decreases More Than 8% Within 24 hours

Stellar's (CRYPTO: XLM) price has decreased 4.64% over the past 24 hours to $0.32, continuing its downward trend over the past week of -14.0%, moving from $0.37 to its current price.

Cryptocurrency Stellar Falls More Than 4% In 24 hours

Tezos

Prominent crypto strategist and trader Michaël van de Poppe is keeping a close watch on XRP, Litecoin and two other altcoins that he says are close to waking up. In a new strategy session, the analyst tells his 116,000 YouTube subscribers that XRP is poised to rally and print a new all-time high. “When you […] The post XRP, Litecoin and Two Other Altcoins Ready To Wake Up and Launch New Rallies, According to Top Crypto Strategist appeared first on The Daily Hodl.

XRP, Litecoin and Two Other Altcoins Ready To Wake Up and Launch New Rallies, According to Top Crypto Strategist

Stellar's (CRYPTO: XLM) price has increased 7.77% over the past 24 hours to $0.38. Over the past week, XLM has experienced an uptick of over 9.0%, moving from $0.35 to its current price.

Cryptocurrency Stellar's Price Increased More Than 7% Within 24 hours

Stellar's (CRYPTO: XLM) price has decreased 6.17% over the past 24 hours to $0.37. This is contrary to the coins performance over the past week where it has experienced an up-trend of 21.0%, moving from $0.3 to its current price.

Stellar Decreases More Than 6% Within 24 hours

Stellar's (CRYPTO: XLM) price has increased 12.96% over the past 24 hours to $0.34. Over the past week, XLM has experienced an uptick of over 21.0%, moving from $0.28 to its current price.

Stellar Rises More Than 12% In 24 hours

Cardano

Solana

The World Economic Forum (WEF) is outlining the speeds at which several crypto assets, including Cardano, XRP, Solana, Celo, Alogrand and Stellar Lumens, can process transactions. In its recently published community paper, the Swiss-based international organization for public-private cooperation looks at smart contract platform Cardano (ADA) and provides details on the number of transactions it […] The post World Economic Forum Outlines Speed of Cardano, XRP, Solana, Celo, Alogrand and Stellar Lumens appeared first on The Daily Hodl.

World Economic Forum Outlines Speed of Cardano, XRP, Solana, Celo, Alogrand and Stellar Lumens

Stellar Lumens (XLM) shot up as much as 13.1% in an intraday period over 24 hours leading up to the early hours of Friday. What's Moving?

Why Is Stellar Lumens (XLM) Surging Today?

Bitcoin

Ether

Emerging blockchain platform Cardano (ADA) and open-source blockchain payment platform Stellar Lumens (XLM) are capturing the attention of institutional investors, according to digital asset investment firm CoinShares. In a new report on the digital asset markets, CoinShares unveils that while many assets are bleeding institutional money, ADA and XLM are receiving positive inflows from big […] The post Institutional Money Moving to Cardano and Stellar As Bitcoin and Ethereum Take a Breather: CoinShares appeared first on The Daily Hodl.

Institutional Money Moving to Cardano and Stellar As Bitcoin and Ethereum Take a Breather: CoinShares

That $15 million investment in Airtm is now the Fund's largest investment on record. Looking at the 2021 fiscal year, Airtm is Stellar's third investment focused on Latin America and the fifth one overall.  The post Stellar Development Foundation invests $15 million in Latin American crypto startup Airtm appeared first on The Block.

Stellar Development Foundation invests $15 million in Latin American crypto startup Airtm

The investment extends the Stellar network's reach into Latin America and aims to improve digital payments across the region.

Stellar Foundation Invests $15M in AirTM to Boost Financial Services in Latin America

XRP and Stellar are performing admirably on an otherwise lazy Sunday.

XRP Price Rises 17%, Stellar Sets All-Time High

Polkadot

Crypto markets have been very volatile in recent times and a great number of digital assets have dropped more than 30% in value during the last three days. Although, not all the coins in the crypto economy are doing badly, as coins that do not leverage proof-of-work (PoW) consensus algorithms have actually done well after […]

As Bitcoin Drops in Value, Proof-of-Stake Tokens That Use Less Energy See Double-Digit Gains

A Swiss fintech company is rolling out the first crypto exchange-traded products (ETPs) for Cardano (ADA) and Stellar Lumens (XLM). 21Shares AG is listing Stellar XLM ETP (AXLM) and Cardano ADA ETP (AADA) on the Swiss stock exchange (SIX Exchange) on April 26th with a base fee of 2.5% per year. It is also adding […] The post Cardano and Stellar Lumens Hit Milestone As Swiss Investment Fund Launches New Crypto ETPs appeared first on The Daily Hodl.

Cardano and Stellar Lumens Hit Milestone As Swiss Investment Fund Launches New Crypto ETPs

Zcash

Grayscale, the world's largest crypto asset management firm, is on a buying spree after purchasing massive amounts of cryptocurrencies to the tune of $1 billion in just 24 hours.  In a tweet posted on April 9th, Grayscale revealed that its total assets under management (AUM) stands at $46.1 billion.  04/09/21 UPDATE: Net Assets Under Management, […] The post Crypto Giant Grayscale Adds $1 Billion in 24 Hours Amid Litecoin, Stellar Lumens and Zcash Buying Spree appeared first on The Daily Hodl.

News for Stellar Crypto (XLM)