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 in creating robust infrastructure, highlighting its support for compliance and connectivity between ecosystems. Noteworthy is the conversation shift from competition among blockchains towards coexistence and integration, with Stellar acting as a bridge across crypto-fiats and other chains. Trust and transparency are core to Stellar’s design, supporting B2B payments and corporate adoption. This is further validated by institutions like Societe Generale exploring stablecoins for practical use cases. Overall, the focus remains on fostering a thriving ecosystem, where Stellar connects various players to ensure network growth and adoption.
