Stellar News

Recent Stellar News Stories

TransferTo Partners with Stellar to Increase Payments Coverage in Underdeveloped Regions

U.K.-based cross-border payments processor TransferTo signed a partnership with the Stellar foundation, the entity behind Stellar Lumens (XLM), on July 25, 2018, to enable faster mobile payments in emerging markets. Augmenting Blockchain Networks in Developing Markets As per details...

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Stellar Enters the Middle East, Becomes First Cryptocurrency to Gain Sharia Certification

The seventh-largest cryptocurrency by market cap, Stellar, gained global traction as a unique, decentralized value exchange protocol. Announced July 17, 2018, Stellar is the first cryptocurrency to receive Sharia compliance certification and integrate with Middle Eastern financial firms. Sharia...

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IBM to Back Stellar-Based Stablecoin Project “Stronghold USD”

In a move aimed at ending the notorious volatility associated with cryptocurrencies, technology giant IBM announced it will back a stablecoin project on July 17, 2018. Stablecoin Aimed For Institutional Use According to Reuters,  IBM Corp will enter a...

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Stellar Looks to Acquire Chain for $500 million XLM

Stellar Lumens is currently discussing the possibility of acquiring Chain — a San Francisco-based startup building cryptographic ledgers for the finance industry. Although it’s unclear how Stellar will utilize this technology, the 7th largest cryptocurrency is willing to part...

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Stellar Joins Forces With IBM to Bring Carbon Credits to the Blockchain

A new partnership between IBM and carbon credits startup Veridium Labs Ltd will see carbon credits issued on the Stellar blockchain, streamlining the trade of carbon offset credits in an open market. The most obvious application of distributed ledger technology...

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EOS, Stellar Lumens, Cardano, NEO and IOTA Prices Experience Big Drops

The cryptocurrency market is experiencing several drops through established currencies and altcoins alike. Assets such as Bitcoin (now trading for $500 less than yesterday), Ripple and Litecoin continue to plunge further while seemingly dragging altcoins such as NEO and Stellar...

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