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Stellar XLM Is The Answer To Foreign Exchange Rates

Can Stellar Be a Platform for Other Foreign Exchange Rates Outlining the benefit of Stellar XLM is the native cryptocurrency to the Stellar project. Much like XRP, XLM is a cryptocurrency designed to facilitate international payments, payments across borders that are designed to be quick and efficient. The way we spend XLM is currently dominated by exchanges, these exchanges tell us exactly what we can swap our Stellar XLM for, generally speaking, the options are pretty limited. In the crypto world, these options are also known as trading pairs, this refers to pairs of cryptocurrencies that are interchangeable, so on...

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Visa Throws Down The Gauntlet To Stellar Lumens (XLM) and Ripple (XRP)

Visa has bought out the Plaid financial platform and in the process thrown down the gauntlet to its peers, Ripple and Stellar Lumens in particular.   The cost of the acquisition is reported to be around $5.3 billion, which is twice what the market thinks Plaid is worth.   All loose ends related to the purchase will be hopefully tied up within half a year, so long as the regulatory authorities give the sale their seal of approval. This acquisition is significant in that it could massively alter the way other cross-border payment platforms such as Stellar Lumens (XLM) and...

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Are XRP and XLM competitors?

These two have been working very hard through the past few years in order to boost their reputation. We see that both Ripple and Stellar are looking into different ideas and demographics within the cross border payment area. Ripple XRP and Stellar XLM. These two have been working very hard through the past few years in order to boost their reputation as the holders for the solution of the problems the pair of cryptocurrencies have had to face in regards to cross border payment solutions. Both of these projects are great in their own right. The two both hold different...

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30 December 2019 - XLM/ USD – Hourly

In this Hourly chart of Stellar/ US dollar (XLM/ USD), there is an appreciating range from 0.045649 to 0.046282. We can observe that the market then depreciated to the 0.045807 area (identified by the blue up arrow), right around the 0.0457983 area that represents the 76.4% retracement of the appreciating range.   The move lower to the 0.045807 area was also right around the 50-bar MA (hourly). We can observe the market then appreciated to the 0.046401 area and then depreciated to the 0.045774 area (identified by the second blue up arrow), just below the 0.0457983 area that represents the 76.4%...

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Charlie Lee Talks On Stellar Token Burn

Several big crypto platforms formed the Crypto Rating Council earlier this year, back in October.  The new move was set up in order to give cryptocurrencies ratings (hence the name). The Ratings Council was initially made in an attempt to influence the Securities and Exchange Commission (SEC). The new move was set up in order to give cryptocurrencies ratings (hence the name). It suggested that Ripple’s XRP uses “securities-like language,” whereas other digital assets like Bitcoin and Litecoin don’t. Just a couple of months after its launch, former lead maintainer for Monero, Riccardo Spagni, the creator of Litecoin Charlie Lee,...

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