At ETHCC in Cannes, the Stellar Development Foundation showcased ‘Stable Summer,’ focusing on the practical applications of stablecoins on the Stellar network. The event emphasized the shift from speculative potential to real-world utility, highlighting stablecoins’ roles in payroll for health workers and refugee aid via the Stellar Disbursement Platform. Discussions also involved Stellar’s role inContinue reading “Stellar: Stable Is Hot”
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Gear Up for Protocol 23: Join the $KALE Farming Challenge on Stellar’s Futurenet
Protocol 23 represents a significant upgrade to the Stellar network, scheduled for release in August. To test its features, participants are encouraged to join a $KALE farming competition on Stellar’s Futurenet. This event takes place on July 23rd, lasting 24 hours, where participants aim to farm as much $KALE currency as possible with a totalContinue reading “Gear Up for Protocol 23: Join the $KALE Farming Challenge on Stellar’s Futurenet”
Stablecoins & TradFi: A Fireside Chat with the Stellar Development Foundation & Societe Generale
Société Générale Forge, a subsidiary of the 160-year-old French bank, is building euro and dollar stablecoins on the Stellar network. The journey began with internal experiments and eventually led to forming a nimble, startup-like unit outside the bank’s core structure to overcome legacy barriers. They faced significant internal hurdles, including compliance, risk management, and onboardingContinue reading “Stablecoins & TradFi: A Fireside Chat with the Stellar Development Foundation & Societe Generale”
Parallelizing Stellar Core: The First Step Toward 5000 TPS
The Stellar Development Foundation (SDF) is working on major upgrades to Stellar Core to enhance scalability and reach a theoretical limit of 5000 transactions per second. This involves making more efficient use of existing CPU capacity, thus avoiding the need for hardware upgrades. The SDF’s roadmap includes lowering block times from 5 seconds to 2.5Continue reading “Parallelizing Stellar Core: The First Step Toward 5000 TPS”
Stellar Taps PayPal, Block Executives to Lead Growth and Marketing Push
The Stellar Development Foundation announced pivotal executive appointments, attracting top talent from major fintech firms. José Fernández da Ponte, formerly of PayPal, joins Stellar to lead growth initiatives, bringing a wealth of experience from launching PYUSD, PayPal’s stablecoin. Jason Karsh, with strategic roles at Block, Coinbase, and Blockchain.com, will head Stellar’s marketing efforts, focusing onContinue reading “Stellar Taps PayPal, Block Executives to Lead Growth and Marketing Push”
Stellar: Scaling What’s Proven: José Fernández da Ponte Joins SDF as President & Chief Growth Officer
José Fernández da Ponte joins the Stellar Development Foundation, bringing his experience from PayPal where he played a key role in launching stablecoins. His mission at Stellar involves expanding the network by building deeper partnerships and increasing adoption at the protocol layer. José highlights the necessity of utility and trust for digital assets to beContinue reading “Stellar: Scaling What’s Proven: José Fernández da Ponte Joins SDF as President & Chief Growth Officer”
Stellar: Welcoming Jason Karsh, Chief Marketing Officer at SDF
Jason Karsh has been appointed as Chief Marketing Officer at the Stellar Development Foundation, where he will lead the global marketing team. With his experience from leading tech and Web3 firms like Google and Coinbase, Karsh aims to position Stellar prominently as blockchain infrastructure matures. His expertise in launching successful marketing campaigns, including the firstContinue reading “Stellar: Welcoming Jason Karsh, Chief Marketing Officer at SDF”
THORWallet Integrates with the Stellar Ecosystem to Deliver Seamless Swaps and Mobile-First DeFi Access
THORWallet has announced its integration with the Stellar ecosystem, aiming to enhance access to decentralized finance (DeFi) using a mobile-first approach. Users of THORWallet can now manage Stellar assets such as XLM and USDC efficiently, offering capabilities such as sending, receiving, and swapping these assets. The wallet supports seamless cross-chain swaps and includes a multisignatureContinue reading “THORWallet Integrates with the Stellar Ecosystem to Deliver Seamless Swaps and Mobile-First DeFi Access”
The Consensus Algorithm You’ve Never Heard Of (But That Powers Billions)
Federated Byzantine Agreement (FBA) is a consensus model that offers decentralized control, low latency, and minimal costs, securing billions in daily transactions. Stellar’s implementation, the Stellar Consensus Protocol (SCP), exemplifies FBA by allowing nodes to select trusted peers, forming quorum slices to achieve consensus. FBA differs from traditional models like PoW and PoS by removingContinue reading “The Consensus Algorithm You’ve Never Heard Of (But That Powers Billions)”
Trezor Suite Update: Version 25.7.2 Adds Stellar (XLM) Support for Hardware Wallets
The new version 25.7.2 of the Trezor Suite desktop app introduces support for Stellar (XLM), allowing users to manage their XLM holdings securely using their Trezor hardware wallet. This update marks a significant enhancement for cryptocurrency enthusiasts who utilize Trezor, as it broadens the spectrum of digital assets available within its ecosystem. Stellar, a well-knownContinue reading “Trezor Suite Update: Version 25.7.2 Adds Stellar (XLM) Support for Hardware Wallets”