Gate News Bot news, August 8, according to CoinMarketCap, as of the time of writing, XLM (Stellar) is currently priced at $0.45, rising 12.10% in the last 24 hours, with a high of $0.46 and a low of $0.36. The current market capitalization is approximately $14.1 billion, an increase of $1.522 billion compared to yesterday. Currently, XLM ranks 11th in the cryptocurrency market capitalization leaderboard. Stellar is an open-source blockchain network designed for various payment and remittance applications. The network supports multiple use cases such as smart contracts, DeFi, payments, and asset tokenization. The design goal of the Stellar network is to bring blockchain closer to the real world, providing developers with the tools to create a cryptocurrency experience as convenient as cash. Compared to most blockchain-based systems, the Stellar network is faster, cheaper, and more energy-efficient.

Cedar Money has completed a $9.9 million seed round financing with an undisclosed valuation. It provides a payment solution that enables seamless cross-border fund transfers using stablecoins, combining blockchain technology with fiat currency interfaces to provide Compliance payment services for businesses. Investors include QED Investors, North Island Ventures, Wischoff Ventures, Lattice, and Stellar.

Gate News Bot news, July 14, according to CoinMarketCap data, as of the time of writing, XLM (Stellar) is currently priced at 0.50 USD, with a rise of 25.34% in the past 24 hours, reaching a high of 0.50 USD and a low of 0.25 USD. The current market capitalization is approximately 15.448 billion USD, an increase of 3.123 billion USD compared to yesterday. Stellar is an open-source blockchain network designed for various payment and remittance applications. The network is operated by the non-profit organization Stellar Development Foundation, aiming to unlock human and economic potential through a fast, low-cost, and energy-efficient blockchain system. Stellar provides developers with the tools to create digital asset products and services that can truly impact the real world, enhancing access to the global financial system.

Gate News Bot news, July 7, according to CoinMarketCap data, as of the time of writing, XLM (Stellar) is currently priced at 0.25 USD, having pumped 5.48% in the last 24 hours, reaching a high of 0.25 USD and a low of 0.22 USD. The current market capitalization is approximately 7.765 billion USD, an increase of 403 million USD compared to yesterday. Stellar is a decentralized public blockchain that provides developers with tools to create an experience more like cash than cryptocurrency. The network is faster, cheaper, and more energy-efficient than most blockchain-based systems. Stellar aims to have a lasting impact on the real world through its ecosystem. It combines a powerful decentralized blockchain network with a global ecosystem of innovators, creating opportunities that are as borderless as ideas. Stellar offers tools to facilitate new digital assets.

Gate News Bot news, June 30, according to CoinMarketCap data, as of the time of writing, XLM (Stellar) is currently priced at $0.24, down 0.21% in the last 24 hours, with a high of $0.25 and a low of $0.23. The current market capitalization is approximately $7.428 billion. Stellar is a decentralized public blockchain that provides developers with the ability to...

Taurus is expanding its digital asset custody and issuance products to the Stellar Network, enabling banks and issuing institutions to issue and manage tokenized assets on the network, and automate payment processes using programmable wallets and bank-level access control. Taurus is a digital asset infrastructure provider for institutions such as Deutsche Bank, Credit Suisse, and Santander, and is tokenizing real assets on Stellar with financial institutions such as Franklin Templeton, WisdomTree, and Circle.

Golden Finance reported that payment giant MoneyGram has announced the launch of a compliance cryptocurrency API service called MoneyGram Ramps for developers, aimed at simplifying the connection between cash and crypto assets. This allows wallets, exchanges, and fintech applications to access MoneyGram's global cash network to embed the deposit and withdrawal functions of crypto assets. It is reported that this service is supported by the Stellar Blockchain and Circle's USD stablecoin USDC.

Gate.io News bot message, Michael Saylor, the founder of Strategy (formerly MicroStrategy), recently released 21 core characteristics of Bitcoin on the X platform. These characteristics cover multiple dimensions of Bitcoin: from a fundamental perspective, Bitcoin is an ideology, a protocol, and an asset; from a technical standpoint, it is a perfect network system with digital scarcity; from an economic property perspective, it is both a digital commodity and a digital currency. Saylor also pointed out that Bitcoin has legitimacy and corporate characteristics, and is a global eternal system. He further defined Bitcoin as a digital energy network, a digital economic system, and a digital defense system, and referred to it as an emerging stellar system.

The tokenization of the US Treasury market has surpassed 1.9 billion USD, with the market capitalization of US Treasury tokens on the Ethereum chain at approximately 1.4 billion USD, ranking first. The Stellar network ranks second with a market capitalization of 430 million USD, while the Solana network ranks third with a market capitalization of 47.96 million USD.

Odaily News PayPal has announced that it has introduced its stablecoin PYUSD to Stellar for cross-border remittances and payment financing. PYUSD is already running on Ethereum and Solana. This collaboration will enable small and medium-sized enterprises facing accounts receivable latency or pre-financing requirements to access a new source of real-time operating capital. (CoinDesk)

BlockBeats news, on February 19, according to Coindesk, asset management company Franklin Templeton has launched a tokenization of US Treasury bond fund in Luxembourg, expanding its coverage to European institutional investors. The fund obtained approval from the Luxembourg regulatory authority in October and is now open to institutional investors from Austria, France, Germany, Italy, Liechtenstein, the Netherlands, Spain, and Switzerland on the Stellar network (XLM).

Golden Ten Data on February 5, the European Space Agency announced on the 4th that researchers used the data of the European Space Agency's "Gaia" space probe to discover a huge exoplanet "Gaia-4b" and a brown dwarf star "Gaia-5b". This is the first time that the Gaia probe has discovered a new planet through the XLM wobble phenomenon. Both "Gaia-4b" and "Gaia-5b" revolve around low-mass XLMs, which is considered extremely rare.

The University of Oxford Gazette reported that an international research team has confirmed the existence of a 'super-Earth' planet with a mass six times that of Earth near the habitable zone of a sun-like star, approximately 20 light-years away from Earth. The planet, named HD20794d, has an orbit within the habitable zone and has the potential to sustain liquid water on its surface, providing more clues for the search for habitable exoplanets.

ChainCatcher news, Grayscale announced that its Grayscale Stellar Lumens Trust is now open to accredited investors. As one of the first securitized products focused on XLM, this trust allows investors to gain exposure to XLM through securities, avoiding the complexity of purchasing and storing encryption assets directly. Stellar is an open-source decentralized platform focused on cross-border payments, with its native token XLM.

PANews October 16th news, Paxos announced at the 2024 Stellar annual conference that it will collaborate with Stellar Development.

BlockBeats News, on October 16th, according to official sources, Paxos announced that it will integrate with the Stellar network. Stellar is an Open Source blockchain for various payment and remittance applications. Paxos plans to introduce assets into Stellar by the end of 2024.

The encryption card issuer Rain has expanded support for Solana, Tron, and Stellar networks, allowing users to make payments with stablecoins at Visa-supported locations. Businesses can more easily launch their own payment cards, supporting various payment scenarios, facilitating cross-border transactions and daily consumption.

BlockBeats news, on May 29, according to CoinDesk, the crypto card issuer Rain has added support for Solana, Tron, and Stellar networks, allowing users to make payments with stablecoins anywhere Visa is accepted. This update will make it easier for businesses building projects on these chains to launch their own branded payment cards, supporting both custodial and non-custodial Wallets, suitable for cross-border and various payment scenarios. Users will then be able to use stablecoins for real-life consumption, such as purchasing daily necessities, distribution of corporate payments, or receiving overseas funds.

The Stellar Development Foundation (SDF) plans to launch $3 billion in real-world assets (RWA) on-chain by the end of 2025, working with partners such as Franklin Templeton and Wisdom Tree, as well as Paxos, Ondo, Etherfuse, and Société Générale, among others, to facilitate the tokenization of RWA.

On December 28th, according to official sources, XEX will be listed on XLM / at 20:00 (UTC+8) on December 26th.

Multiple AltCoins have seen an increase of over 250% in the past 30 days. The high leverage usage has led to a funding rate of 4%-6% per month in Perptual Futures, increasing the trading risk. Compared to major cryptocurrencies like BTC and ETH, which have moderate leverage, AltCoins may experience a significant pullback in their upward trend.

XLM announced partnerships with several institutions, including Paxos, Ondo, Etherfuse, and SG Forge under Société Générale, planning to put $3 billion of real assets on-chain by the end of 2025, which is more than a 10-fold rise compared to the current scale.

PANews reported on December 1st that according to Cointelegraph, data from Cryptorank shows that the Market Cap of Grayscale Trust Investment's portfolio has increased by more than 85% in the past month. The rise in the portfolio is mainly due to XLM, with a monthly pump of over 469%, while XRP has pumped 262% in the past month.

Golden Finance reported that ABN AMRO and Rabobank of the Netherlands participated in the digital commercial paper issuance, which was tokenized on the Clearstream D7 DLT of Deutsche Börse. It is reported that this transaction is part of a Distributed Ledger trial for wholesale Settlement using Central Bank currency by the European Central Bank. ABN AMRO has indicated a preference for using public blockchain issuance digital bonds, using Ethereum, Stellar

Odaily Planet Daily According to the data from the RWA monitoring platform RWA.xyz, as of July 8th, the tokenization of the US Treasury market has exceeded 1.8 billion USD, currently at 1.81 billion USD, with BlackRock's BUIDL fund market size surpassing 500 million USD. In addition, the market capitalization of US Treasury Token on the ETH blockchain is approximately 1.3 billion US dollars, ranking first among various networks, followed by Stellar (approximately 410 million US dollars).

On July 9th, Jinshi Data reported that Aixu shares and TibraPacific officially signed a procurement contract in Bosnia and Herzegovina. The second phase of the 58MW project will all adopt efficient BCH "XLM series" components. The project is the largest ground photovoltaic power station in Bosnia and Herzegovina. It is expected to be shipped in the third quarter of this year, installed by the end of the year, and connected to the grid for power generation in the first quarter of next year.