MoneyGram, Stellar join CEX.io for Crypto to Cash Conversions
Cex.io exchange has announced the incorporation of the Stellar blockchain and financial services company MoneyGram to offer users cash-in and cash-out options through USDC conversion. The partnership will increase the availability of crypto cash-in and cash-out services to CEX.io users, allowing for the conversion of Circle USD to physical currency and vice versa at participating […]
Stellar (XLM) Launches AMM Functionality
Stellar (XLM), a veteran digital assets platform, has implemented a critical update that marks the beginning of a new chapter in the platform’s evolution in the liquidity ecosystem. Stellar Development Foundation (SDF), a non-profit organization dedicated to the advancement of Stellar-based blockchain solutions, has released an official statement announcing that the blockchain has been upgraded […]
Anclap launches Peru’s stablecoin on Stellar blockchain
Latin American stablecoin issuer Anclap is expanding its Stellar-based stablecoin network by releasing a new stablecoin in Peru, Anclap expects to launch two more Stellar-based stablecoins for Chile and Colombia later this year. The new stablecoin, which is pegged to Peru’s official fiat currency , the Peruvian sol (PEN), is designed to facilitate rapid transactions […]
Stellar blockchain to host Thailand-Europe cross-border payments
Velo Labs, Tempo Payments and Bitazza, have partnered to host Thailand’s new cross-border remittance corridor which will connect it to 27 European countries and serve around 600 million customers. A new partnership between Velo Labs and two financial institutions has resulted in a $17 billion remittance corridor between Europe and Thailand, which runs parallel to […]