The Depository Trust & Clearing Corporation (DTCC) and the Stellar Development Foundation (SDF) announced a partnership to enable tokenization of traditional assets on Stellar's public blockchain. This move aims to explore tokenizing highly liquid assets like Russell 1000 constituents, ETFs, and U.S. Treasury securities. The announcement is seen as a major win for Stellar and has drawn mixed reactions, with some XRP supporters dismissing it as not a loss for XRP, emphasizing a multi-chain future. Experts highlight this as a positive step toward broader institutional adoption of blockchain tokenization beyond private entities.
The CoinDesk 20 Index saw Internet Computer (ICP) surge 9.8%, making it the top performer among the 12 assets trading higher. Stellar (XLM) also gained 1.7%, joining ICP as a leader. Meanwhile, NEAR and AAVE lagged with declines of 3.9% and 0.6%, res...
Bermuda is pioneering a fully blockchain-based national economy through partnerships with Circle, Coinbase, and Stellar. The Bermuda Monetary Authority distributed $100 in USDC stablecoins to citizens in a pilot program, enabling real-world crypto tr...
A recent United Nations webinar presented Ripple and Stellar as integral components of a future global payment system that connects banks, fintechs, and blockchain networks. The system aims to improve cross-border payments by enabling real-time settl...
