Search results for "XLM"

PayPal introduces the stablecoin PYUSD to Stellar for cross-border remittances and payments.

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)
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Franklin introduces tokenization of US Treasury Fund based on the XLM network to European investors

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).
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European Space Agency's Gaia spacecraft discovers a new planet for the first time through XLM wobbling phenomenon

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.
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New study confirms a 'super-Earth' in a habitable zone

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.
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Grayscale announces that its Stellar Lumens Trust is now open to accredited investors

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.
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Paxos plans to expand its assets to the Stellar network by the end of the year

PANews October 16th news, Paxos announced at the 2024 Stellar annual conference that it will collaborate with Stellar Development.
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Paxos announced its integration with the Stellar network and plans to introduce assets into the Stellar network by the end of 2024.

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.
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The encryption card issuer Rain has expanded its stablecoin Visa card service to the Solana, Tron, and Stellar networks.

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.
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The encryption card issuer Rain has expanded its stablecoin Visa card service to the Solana, Tron, and Stellar networks.

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.
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Stellar: Plans to launch $3 billion in real-world assets by the end of 2025

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.
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XEX will launch XLM/USDT Perptual Futures on December 26th.

On December 28th, according to official sources, XEX will be listed on XLM / at 20:00 (UTC+8) on December 26th.
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Some alts have risen over 250% in the past 30 days, and the funding rate rise may indicate potential pullback risks. gate News: According to Cointelegraph, some AltCoins such as HBAR, XLM, XRP, ALGO, and ADA have experienced a significant pump, with an increase of over 250% in the past 30 days. The funding rate for perpetual futures contracts has risen to between 4% and 6% per month. This situation reflects an increase in leverage usage, making the current price levels susceptible to significant pullback. Although high funding rates may indicate optimism for AltCoins and further rise potential, they also increase the risk for traders, contrasting with the relatively moderate leverage observed in major Cryptocurrencies such as BTC and ETH.
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Some AltCoins have risen more than 250% in 30 days, and the rise in funding rate may indicate potential pullback risks.

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.
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MoneyGram launches encryption API services MoneyGram Ramps for developers.

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.
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Strategy founder Saylor elaborates on the 21 core characteristics of Bitcoin.

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.
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Tokenization of the US Treasury market has surpassed $1.9 billion, with a rise of 30% over the past three months.

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.
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XLM Foundation: Plans to put $3 billion worth of real-world assets on the blockchain by the end of 2025.

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.
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Driven by AltCoins such as XLM and XRP, the Grayscale portfolio saw a 85% increase in Market Cap in the past month.

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.
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With the development of 2024, it is crucial to choose cryptocurrencies with significant growth potential. Leading the trend is BlockDAG, which has attracted great attention in the digital financial field with its innovative approach to overcoming the limitations of traditional blockchain. Other underrated cryptocurrencies such as DOGE, Ethereum Classic, Internet Computer, and XLM also show strong growth potential.
Stellar cryptocurrency (XLM) is facing selling pressure and moving towards the demand zone of $0.090, according to CoinWorld's report. The selling momentum has been strong, with positive performance in the past trading days. Despite efforts to break through the resistance level, the price of Stellar cryptocurrency has been hovering below. Technical indicators and price trends indicate that the bearish trend will continue.

Stablecoin cross-border payment service provider Cedar Money completes a $9.9 million seed round of financing

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.
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Santiment: BTC pullback has not affected the popularity of hot Tokens, SAND, XLM, and ETH lead social discussions. Gate News: On November 26th, according to Cointelegraph, data from the on-chain analysis platform Santiment showed that despite the BTC price falling below $93,000 on November 25th, traders' interest in several popular tokens remains high. Among them, SAND, XLM, and ETH are currently dominant in trader social discussions. SAND is gaining attention due to the revival of metaverse-related investments, XLM is favored by Korean investors, and ETH is being discussed for its potential to surpass other large market cap cryptocurrencies.
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Wholesale CBDC in euros is used for Settlement on the Distributed Ledger Dutch central bank digital commercial paper

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
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The size of the US Treasury market tokenization exceeds $1.8 billion, with the BlackRock BUIDL fund exceeding $500 million.

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).
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Aixu shares won the largest ground photovoltaic power station in Bosnia and Herzegovina

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.
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XRP and XLM Explosions: Analysts Predict 20x Rally Will 'Melt' In the ever-evolving world of cryptocurrency investing, technical analysis continues to play an important role in shaping investor sentiment and market trends. In a volatile environment, an analyst known as Charting Guy is in the spotlight for his bold predictions about the future of two well-known digital assets, XRP and Stellar (XLM). Charting Guy's recent tweet caused a stir, declaring that investors in XRP and XLM will soon see "melting faces" as he spotted a potential $13 move. This provocative statement underscores his confidence in the impending bullish spike in these cryptocurrencies. His analysis suggests that despite widespread scepticism and a long consolidation period, both XRP and XLM are on a bullish trajectory. While some market participants label these assets as "dead coins" due to their poor performance in recent years, chants are not intimidated by the emotion-driven narrative and instead focus on technical indicators and chart patterns. According to analysts, XRP and XLM exhibit a symmetrical triangle pattern, indicating a potential breakout opportunity. These patterns were formed over the course of six years and are among the largest patterns encountered by cartographers, indicating the great potential for price volatility. His predictions suggest that XRP's breakout target is between $10 and $13, which implies a rise of up to 2,000%. Similarly, Charting Guy thinks XLM is likely to follow a similar trajectory to reach the $13 target. While these short-term goals are ambitious, the cartographer's outlook extends beyond the current market cycle. He stated that XRP has the potential to reach $38 in the future, although he acknowledged that it may not materialize in the next few years. Still, he's optimistic about the long-term prospects for XRP and XLM, with both assets expected to be worth triple digits over the next decade. His bullish outlook is not only based on technical analysis, but also takes into account the potential role of XRP and XLM in the emerging financial sector. With the growing popularity of central bank digital currencies (CBDCs) and the potential for disruption of the traditional financial system, Charting Guy believes XRP and XLM are well-positioned to play an important role in the future of finance. (Source: Christian Encila)
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Taurus extends its digital asset custody to the Stellar network

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.
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Stellar Lumen (XLM) price is at risk of falling to $0.10 again Over the past few sessions, the Stellar Lumen price has struggled to climb above the resistance level of $0.1250 against the US dollar. The XLM/USD pair failed to continue higher and began a new decline. The price fell below the $0.1200 and $0.1150 levels. The decline accelerated below $0.1120. A low has formed near $0.1070 and the price is currently consolidating its decline. It managed to reclaim a few points above the 23.6% Fib retracement level of the downward movement from the $0.1260 Fluctuation high to the $0.1070 low. However, the bears protected the $0.1165 level and drove the price down. A key bullish trend line was broken on the 4-hour chart with support near $0.1152. XLM is currently trading below $0.1165 and the 55-hour simple MA (4-hour). The immediate resistance is located near $0.1165. It is close to the 50% Fib retracement level of the downward movement from the $0.1260 Fluctuation high to the $0.1070 low. The next key resistance is near the $0.1190 level. A clear upside break above the $0.1190 area could push the price towards $0.1220. Any further upside could lead to an increase to the $0.1265 level. If not, the price may continue to fall. Initial support to the downside is located near $0.1120. The next major support level is $0.1088. Any more losses could cause the price to rise to the $0.1050 level in the short term, below which the price could even test $0.0950. The chart shows that the XLM price is currently trading below $0.1160 and the 55 simple MA (4-hour). Overall, if the $0.1165 resistance level is breached, the price could start a new round of gains. Technical Indicators 4-hour MACD – The MACD of XLM/USD is gaining momentum in the bearish zone. 4-hour RSI – The RSI of XLM/USD is currently below the 50 level. Key support levels – $0.1120 and $0.1050. Key resistance levels – $0.1165, $0.1190, and $0.1220. (Source: Aayush Jindal)
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