⇑ Stella Coin Leaps Forward in Crypto Space as User Demand and Innovation Surge
The series of summarized events reveal significant developments in the circulating Stella Coin, including its appearance at the ANA show,...
Further fueling these advancements is the integration of Smart Contracts in Stellar's blockchain which was initially built for payments. This move is seen as an effort to compete with Ethereum's existing hold on the Smart Contracts domain. Moreover, Circle’s EURC Stablecoin has been launched on the Stellar Network to provide a stable trading option for users.
The value proposition of Stellar, however, suffers a setback as the delay in Smart-Contracts upgrade was supported by Stellar's Foundation after a bug was found. Despite this, they have succeeded in expanding their off-ramp ecosystem by introducing two new wallets.
In terms of performance, Stellar's price has fallen by 3%, and rumors suggest that the price may go down to zero. However, rise of yellow card use for lightning-fast cross-border transactions and the introduction of USD Coin (USDC) on Stellar Network demonstrate a promising future.
Final notes include Stellar's involvement with the CFTC’s Global Markets Advisory Committee and the EURO stablecoin launched on Stellar by one of Europe’s oldest banks, which provide further evidence of the coin's increasing acceptability and usage.
Stella Coin News Analytics from Wed, 25 Sep 2013 07:00:00 GMT to Sat, 17 Aug 2024 07:00:00 GMT - Rating -1 - Innovation 5 - Information 8 - Rumor 2
