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. 

Stellar's (CRYPTO: XLM) price has increased 3.06% over the past 24 hours to $0.29. Over the past week, XLM has experienced an uptick of over 5.0%, moving from $0.28 to its current price.

Cryptocurrency Stellar's Price Increased More Than 3% Within 24 hours

Basic Attention Token

Bitcoin Cash

Ethereum Classic

Chainlink

Litecoin

Decentraland

Solana

Zcash

The world's largest digital asset manager is offering a look at which crypto assets institutional investors are most interested in. Grayscale just detailed a complete breakdown of its crypto assets under management (AUM), which amounts to a staggering $40+ billion. The vast majority of Grayscale's holdings are in the Bitcoin (BTC) Trust, which accounts for […] The post Crypto Giant Grayscale Details Top Altcoins Held by Institutional Investors As 2022 Begins appeared first on The Daily Hodl.

Crypto Giant Grayscale Details Top Altcoins Held by Institutional Investors As 2022 Begins

The host of crypto channel Coin Bureau is unveiling his outlook for Stellar (XLM) next year after the XRP competitor's lackluster performance in 2021. In a new video, pseudonymous analyst Guy tells his 1.78 million YouTube subscribers that while Stellar (XLM) doubled in price this year, the altcoin's gains are “peanuts” compared to the performance […] The post Will XRP's Primary Competitor Outperform Crypto Markets in 2022? Coin Bureau Updates Outlook on Stellar Lumens (XLM) appeared first on The Daily Hodl.

Will XRP's Primary Competitor Outperform Crypto Markets in 2022? Coin Bureau Updates Outlook on Stellar Lumens (XLM)

Stellar's (CRYPTO: XLM) price has increased 3.25% over the past 24 hours to $0.26, which is in the opposite direction of its trend over the past week, where it has experienced a 5.0% loss, moving from $0.28 to its current price.

Cryptocurrency Stellar Up More Than 3% In 24 hours

Tascombank — one of Ukraine's oldest banks — is piloting a digital version of the local fiat currency based on the Stellar (CRYPTO: XLM) blockchain.

Ukraine Leverages Stellar Blockchain For Digital Hryvnia Pilot

The pilot has the endorsement of the central bank and the Ministry of Digital Transformation.

Ukraine's Central Bank Runs Digital Currency Pilot Using Stellar

The pilot will test an electronic hryvnia in handling payroll for public employees along with peer-to-peer and merchant payments

Ukraine Commercial Bank to Test Digital Currency Built on Stellar

Over the past 24 hours, Stellar's (CRYPTO: XLM) price has fallen 4.14% to $0.26. This is opposite to its positive trend over the past week where it has experienced a 1.0% gain, moving from $0.26 to its current price.

Stellar Falls More Than 4% In 24 hours

Over the past 24 hours, Stellar's (CRYPTO: XLM) price has risen 6.15% to $0.31. This is contrary to its negative trend over the past week where it has experienced a 9.0% loss, moving from $0.33 to its current price.

Cryptocurrency Stellar's Price Increased More Than 6% Within 24 hours

Over the past 24 hours, Stellar's (CRYPTO: XLM) price has fallen 3.37% to $0.33. This is opposite to its positive trend over the past week where it has experienced a 4.0% gain, moving from $0.33 to its current price.

Cryptocurrency Stellar Falls More Than 3% In 24 hours

Stellar's (CRYPTO: XLM) price has increased 8.53% over the past 24 hours to $0.36, which is in the opposite direction of its trend over the past week, where it has experienced a 7.0% loss, moving from $0.38 to its current price. As it stands right now, the coin's all-time high is $0.88.

Cryptocurrency Stellar's Price Increased More Than 8% Within 24 hours

Stellar's (CRYPTO: XLM) price has increased 5.93% over the past 24 hours to $0.42. Over the past week, XLM has experienced an uptick of over 10.0%, moving from $0.38 to its current price.

Stellar Up More Than 5% In 24 hours

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.

News for Stellar Crypto (XLM)