Stellar's XLM token surged over 8% after DTCC and the Stellar Development Foundation announced a partnership to integrate DTC's tokenization service with the Stellar blockchain, aiming to launch tokenized assets by the first half of 2027. This move supports faster settlement, greater asset mobility, and lower costs while maintaining investor protections. The collaboration is part of DTCC's multi-chain strategy and follows SEC approval for tokenizing DTC-custodied assets. Market activity for XLM also spiked, reflecting optimism about the upcoming integration.
On May 28, major cryptocurrencies Bitcoin (BTC) and USD Coin (USDC) experienced significant net outflows of approximately $200 million and $184 million respectively, signaling a risk-off sentiment in the crypto market. Ethereum (ETH) also saw a net o...
NEAR's price surged strongly due to its focus on AI infrastructure, breaking key resistance and moving above major averages, signaling bullish momentum. In contrast, Bitcoin faces resistance near $81-82k with weak momentum and may retest support arou...
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 as...
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...
