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Tag: Stellar News

XLM Surges 24% and Emerges as Best-Performing Altcoin Among Top 20 Cryptocurrencies
Cryptocurrency

XLM Surges 24% and Emerges as Best-Performing Altcoin Among Top 20 Cryptocurrencies

As of the time of writing, XLM, the native token of the Stellar Lumens blockchain, has experienced a remarkable increase, becoming the best-performing altcoin among the top 20 cryptocurrencies by market capitalization. According to data from CoinGecko, XLM has surged by over 24% in the last 24 hours, currently trading at $0.17. The token's short-term outlook suggests a possible swift move towards testing the $0.2 price level. XLM surges by 24% following the bullish trend, ahead of other altcoin This surge in XLM's value follows a bullish trend in the cryptocurrency market, particularly after the long-standing lawsuit involving XRP reached a favourable resolution for XRP and its holders. As XRP led the bullish rally, Stellar Lumens (XLM) also benefitted from the positive sentiment, reachi...
Novatti Group Has Partnered With Ripple And Stellar To Create Stablecoin Based In The Australian Dollar
Blockchain

Novatti Group Has Partnered With Ripple And Stellar To Create Stablecoin Based In The Australian Dollar

Ripple customer Novatti Group based in Australia and established in 2015 has announced that it building an Aussie-based stablecoin, AUDC, in collaboration with the Ripple fintech giant, planning to issue it on the XRP Ledger. Stellar and Ripple together will help spread the use of AUDC on their networks after the launch of instant cross-border payments. Read Also: LUNC Price Spiked Strongly As the Community Passes ‘Tax/Burn 1.2% Proposal https://twitter.com/1CrypticPoet/status/1534719348547497986 Issuing stablecoin with Ripple Novatti Group is one of the more than 300 firms Ripple has been cooperating with and, last year, the two released a service for example digital payments in Australia and the Philippines. Novatti is presently working on the fabrication of a stablecoi...