
Oct 2, 2025

Markets
Litecoin, Stellar Lead Altcoin Rally Following Bitcoin 'Uptober' Bounce
The "Uptober" effect is in full swing. Kicking off what has historically been Bitcoin's strongest month, the original crypto has sparked a broad market rally, with capital rotating into older altcoins. The forceful move has caught many traders off guard, triggering a massive wave of short liquidations and flipping overall market sentiment from fear to greed in a matter of days. Litecoin has taken the lead among the top cryptocurrencies, surging 10% over the last 24 hours to trade at $118. Li...
Aug 8, 2025

Coins
XRP Leads Double Digit Altcoin Rally as Cardano, Chainlink and SUI Surge
Altcoins such as XRP, Stellar (XLM), and Chainlink (LINK) rallied on Friday as crypto markets celebrated the formal end of the SEC and Ripple Labs’s appeals and much-anticipated end of the five-year legal battle. XRP rocketed 10.5% to $3.32, XLM jumped 14.6% to $0.46, and LINK surged 14.0% to $19.22 in the past 24 hours, according to CoinGecko. Altogether, the global crypto market cap has gained 1.2% in the past day, rising to $3.89 trillion. Other major altcoins followed suit, with Sui (SUI) cl...
Jul 31, 2025

Business
Visa Adds More Stablecoin Features, Unveiling Avalanche, Stellar Support
Visa said Thursday it will expand its stablecoin settlement capabilities, adding support for three additional digital tokens and two new blockchain networks. The payments giant said that its infrastructure now supports PayPal’s PYUSD, Paxos-issued USDG, and Circle's EURC. Visa also said that clients using Visa's stablecoin services can accept the tokens via Avalanche and Stellar, too. Visa Says It's Not Slowing Down Plans for Crypto Products Previously, Visa's stablecoin services were limited...
Jul 22, 2025

Markets
Altcoins Including Ethereum, Dogecoin Slip as Market Cools Off
Altcoins including Ethereum and Dogecoin retraced on Tuesday as crypto markets pulled back from the euphoric highs seen just days after President Trump signed landmark stablecoin legislation into law. Among the top 20 cryptocurrencies, Hedera (HBAR) led losses, dropping 5.2% on the day, followed by Hyperliquid (HYPE), down 5.1%, according to CoinGecko. Ethereum (ETH) declined 2.6%, Chainlink (LINK) fell 3.3%, and Dogecoin (DOGE) dropped 1.5% in the past 24 hours. Other major altcoins followed su...
Jun 11, 2025

Business
PayPal Expands PYUSD Stablecoin to Stellar, Joining Ethereum and Solana
PayPal's native stablecoin, PayPal USD, will soon be available on the Stellar blockchain, pending regulatory approval. The payment giant said Wednesday that its PYUSD token will run on the crypto network behind the 19th biggest digital coin by market cap, XLM, if approved by the New York State Department of Financial Services. PayPal launched PYUSD in 2023 with hopes to break into the crowded stablecoin market. Paxos Trust Co. issues the digital token, which is already available on Ethereum and...
Jun 10, 2025

Business
Franklin Templeton Unveils 'Intraday Yield' for Tokenized Assets on Benji Platform
Franklin Templeton Digital Assets said on Tuesday that it’s rolling out a new feature for its Benji platform that aims to improve upon existing standards for calculating and distributing yield via blockchain. The patent-pending feature, dubbed “intraday yield,” will track investors’ holdings of tokenized securities down to the second, allowing them to earn yield on assets that are held for only part of a given day, the 78-year-old asset manager said in a statement on Tuesday. This yield is calcu...
Feb 24, 2025

Business
Tokenization is Already Helping the World's Vulnerable. Here's How
The tokenization of real-world assets has captured the imagination of financial institutions worldwide—delivering faster payments at lower cost, complemented by greater levels of automation. Stablecoins, digital assets that can be redeemed for fiat currencies like the U.S. dollar at a 1:1 ratio, now have a total market capitalization above $220 billion as Washington spearheads efforts to introduce clearer regulations. Image: Stellar Meanwhile, demand for tokenized U.S. Treasuries, bonds and cash...
Aug 15, 2024

DeFi
Phoenix Rising: Building the ‘One-Stop Shop’ for DeFi on Stellar
With the launch of the Soroban smart contract platform on Stellar, developers are rushing to create decentralized apps (dapps) and platforms within the Stellar ecosystem. Among the first to launch is the Phoenix DeFi Hub, which aims to be the “one-stop shop” for decentralized finance (DeFi) on Stellar, its creators told Decrypt. “We're going to be launching a bunch of DeFi protocols that all synergize with each other and drive value,” said Phoenix Marketing Director Griffin Williams. First up is...
Jul 9, 2024

Technology
Stellar Network Brings DeFi to the Unbanked With Smart Contract Platform
Banking the unbanked has been touted as one of the core use-cases of crypto since its inception—but the industry’s faced challenges in the form of high transaction fees and a lack of dedicated infrastructure. The launch of the Soroban smart contract platform on Stellar is aiming to change that. Launched earlier this year with the Protocol 20 update, the upgrade to the Stellar network introduces smart contracts into the Stellar ecosystem—and aims to bring the industry closer to its goal of becomi...
Sep 26, 2023

Coins
Circle’s EURC Stablecoin Launches on Stellar Network
Stablecoin issuer Circle has joined forces with the Stellar Development Foundation to launch its EURC fiat-backed stablecoin on the Stellar network. Similar to the U.S. dollar-backed USDC—the crypto industry’s second-largest stablecoin— —EURC maintains a 1:1 peg with the euro under a full-reserve model, Teana Baker Taylor, Circle's VP of policy and regulatory strategy for EMEA announced today during Stellar’s annual Meridian conference in Madrid. Stellar is now the third blockchain network on wh...
Sep 4, 2023

Markets
XLM Surges 10% As Stellar Teases 'Something Cool' on the Horizon
XLM, the native token of the Stellar blockchain, is leading the predominantly sideways crypto markets on Monday, with a remarkable 10% price surge over the past 24 hours. The latest spike took the price of XLM to a weekly high of $0.125, up nearly 5% on the week, according to data from CoinGecko. With a market capitalization of $3.4 billion, XLM is currently the world’s 22nd largest cryptocurrency. While it’s not immediately clear what caused the recent XLM spike, it follows a Twitter/X post on...
Aug 15, 2023

Business
Stellar Invests in MoneyGram in Bid to Be a ‘Digital-Forward’ FinTech Leader
Cross border crypto payments network Stellar today announced an investment in major money transfer company MoneyGram International. In a Tuesday statement, the foundation behind XLM said it had become a minority investor in MoneyGram using money from its own cash treasury. The Stellar Development Foundation's Director of Communications and Public Affairs Ellen Canale told Decrypt that the "investment isn't specific to any particular work" but because "we are confident in the organiz...
Dec 14, 2021

Technology
Ukraine’s Central Bank Oversees Digital Currency Pilot Using Stellar
Editor's note: The original headline stated that Ukraine's central bank would run the pilot. It has been changed to reflect that the pilot is being launched by TASCOMBANK and Bitt under the central bank's supervision. The Stellar Development Foundation announced today that the Stellar blockchain will be used to pilot an electronic version of the hryvnia, the national currency of Ukraine. The pilot, being carried out by FinTech firm Bitt and TASCOMBANK, will be overseen by the country's central b...
Jul 22, 2021

Business
Stellar Foundation Eyes MoneyGram Takeover
Stellar Development Foundation, a non-profit organization supporting the development and growth of the Stellar network, has tentatively contacted MoneyGram International about a potential takeover, Bloomberg reported on Wednesday. Citing unnamed people familiar with the matter, Bloomberg claims that Stellar is working on the potential acquisition in partnership with Advent International, a Boston-based private equity firm specializing in international buyouts. According to the report, no final...
May 14, 2021

Coins
Proof of Stake Coins Surge After Elon Musk Trashes Power Hungry Bitcoin
Several proof-of-stake cryptocurrencies have increased in price since Elon Musk backtracked on Bitcoin two days ago. In a tweet earlier this week, Musk announced that Tesla had suspended vehicle purchases made in Bitcoin. “We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel,” he said. Since that tweet, the Tesla CEO doubled down, saying that it is “high time for a carbon tax,” and that wh...
Apr 11, 2021

Coins
Stellar and XRP Surge 20% While Bitcoin and Ethereum Stagnate
Stellar (XLM) has surged by 20% overnight to reach 63 cents a coin. The last time XLM crossed 60 cents was, very briefly, back on February 13, but for the three years prior its price has stayed below 50 cents. In fact, the last time XLM traded above 50 cents was back around the time it reached its all-time high of 93 cents back in January 2018. Stellar co-founder and CTO Jed McCaleb is surely doubly happy this morning. XRP, the coin of the other project the American crypto entrepreneur founded...
Apr 6, 2021

Technology
Stellar Cryptocurrency Nodes Go Dark for 9 Hours and Counting
Nodes for the Stellar Development Foundation (SDF)—the organization that supports development on the Stellar network—have stopped validating transactions for the blockchain. According to a statement from SDF, the outage occurred around 1:00 am PDT. "The SDF's public Horizon API instance is also temporarily down," it said in a statement. "However, the Stellar network is still online [emphasis SDF's]." What's happening? @StellarOrg pic.twitter.com/MwYCy39vLg — ftso.eu (@ftso_eu) April 6, 2021 It...
Jan 26, 2021

Coins
Signal Is Experimenting With Stellar-Based Cryptocurrency: Report
Private messaging app Signal is said to have conducted experiments for a cryptocurrency offering for users, as per a report by technology newsletter Platformer earlier today. Experiments for such a token project were done on MobileCoin, a privacy cryptocurrency based on Stellar, the world’s eleventh largest blockchain by market cap. Signal CEO Moxie Marlinspike served as an adviser to MobileCoin, indicating how the two projects could have overlapped. Work on Crypto payments integration w Mobile...
Jan 6, 2021

Markets
Price of Stellar (XLM) Doubles in Just 24 Hours
The price of cryptocurrency Stellar (XLM) increased by more than 100% today, reaching up to $0.38—a high not seen in over two years, according to CoinMarketCap. At press time, XLM is trading at $0.3512—up 103.88%. This has pushed the token’s total market capitalization to over $7 billion, making it the ninth biggest cryptocurrency. One of the main reasons for such a surge could actually be the legal problems that Ripple Labs, the company behind XRP, is currently facing, some experts noted. As D...
Dec 3, 2020

Coins
Legacy German Bank to Start a Crypto Fund Next Year
Hauck & Aufhäuser, a German mid-sized bank founded in 1796, will launch a passively managed crypto fund in January 2021, it announced earlier today. Germany's mid-sized traditional bank Hauck & Aufhäuser (founded back in 1796) starts crypto fund as of January 2021 - https://t.co/Y44328fReP — Philipp Sandner (@philippsandner) December 3, 2020 The fund, officially the HAIC Digital Asset Fund I, will hold Bitcoin, Ethereum, and Stellar, among others, and is aimed at high-net worth investors and i...