Stellar partners tap USDC for remittances between Europe and Africa
The Stellar Development Foundation (SDF) has announced that it will facilitate a new remittance channel between Europe and Africa using the USD Coin (USDC) stablecoin. On Oct. 25, the SDF announced that global payments technology company Flutterwave will use the USD Coin (USDC) stablecoin on the Stellar network to simplify remittances between Africa and Europe. […]
Bitcoin Cash no longer a top-10 cryptocurrency after being hounded out by Dogecoin
The fortunes of beleaguered Bitcoin (BTC) spin-off Bitcoin Cash (BCH) took a turn for the worse on Feb. 8 as it was chased out of the top ten cryptocurrencies — by Dogecoin (DOGE). Data from Cointelegraph Markets and CoinMarketCap showed BCH now occupying 12th place after being passed by both DOGE and Stellar (XLM). BCH […]
Stellar becomes new home of USDC as integration goes live
The Stellar Development Foundation announced Tuesday that an anticipated integration with USD Coin (USDC) is live. Users can now transact with USDC on the Stellar blockchain. The integration with the second-largest stablecoin was initially announced in October 2020, as Cointelegraph reported at the time. The stablecoin has since doubled its total supply to approach $6 billion, […]
Stellar expands reach in Latin America with $3M investment in Settle Network
The Stellar Development Foundation has invested Settle Network, the largest digital assets settlement network in the Latin American region. It marks the fourth investment this year from the SDF enterprise fund, bringing the total to more than $9.2 million in 2020. The fund is a venture-style trust for growing the Stellar network and developing partnerships […]