Crypto giants rush into a rapidly growing market: tokenized stocks. Discover the latest figures!
Stellar partners with LayerZero to connect 150 blockchains and facilitate crypto asset transfers. Meanwhile, XLM fights to maintain its key support at $0.22. Could this partnership trigger a historic rise?
Growing interest in digital public infrastructure is prompting the United Nations to take a more active role in blockchain policy and training. A new wave of programs is being developed to help governments understand and apply technology in real-world systems. Momentum inside the UN suggests a coordinated effort to guide countries through the next phase of digital transformation.
The tokenized real-world asset (RWA) market continues its strong momentum, edging close to the $35 billion milestone as institutional products, Treasuries, and gold-backed tokens drive on-chain adoption. Recent data from rwa.xyz shows the total RWA value reaching $34.14 billion, marking a 10.58% rise over the past 30 days and signaling growing investor confidence in blockchain-based real-world exposure.
The year 2024 has been exceptional for Stellar (XLM), with a spectacular increase of 485% in one month. Over the last week, the token surged by 190%, bringing its market capitalization to $17.3 billion, placing it on the doorstep of the top 10 cryptocurrencies by market capitalization.
Ripple now has a major competitor. Stellar, has just acquired a stake in international payments giant MoneyGram, now becoming a full-fledged player in the payments sector, on a par with fintech Ripple. This announcement comes just days after Ripple joined MasterCard and Swift in the Bank for International Settlements' working group on cross-border payments. Is it safe to say that MoneyGram will now serve as a springboard for Stellar in its competitive battle against Ripple?