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News January 28, 2025

Lauren Thorbjornsen, Chief of Staff, Stellar Development Foundation Joins NYSE TV Live

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Lauren Thorbjornsen, Chief of Staff, Stellar Development Foundation Joins NYSE TV Live

Lauren Thorbjornsen reveals insights from the World Economic Forum, emphasizing the positive outlook for cryptocurrencies and blockchain technology. She notes that institutions, like Franklin Templeton, are exploring blockchain for creating efficiency in asset management. Stellar stands out by enabling 50,000 transactions for $120, compared to the $50,000 cost with traditional methods. The conversation also highlights the influence of stablecoins with a current market cap of $220 billion, and their potential to revolutionize global payments by making them more efficient and affordable. Regulatory clarity, anticipated from the new U.S. administration, is expected to boost confidence for innovators and institutions in engaging with the blockchain sector. The Stellar Development Foundation aims to educate regulators and policymakers about blockchain capabilities to dispel concerns and promote wider adoption.