Community Trust ScoreVerified
Stellar Lumens (XLM) is the crypto token native to the Stellar Network. They are concerned about the billions of unbanked people worldwide who have just a little or no access to financial services. Most of the work in the Stellar Network is focused on empowering these underestimated users. They are innovating, developing, and proposing several exciting models to improve liquidity in the right hands.
Denelle Dixon pointed to how they are working with innovators who share a vision similar to Stellar. The vision of Stellar is that Financial Inclusion is a right and not a privilege. They are focused on bringing the benefits of the technology to the emerging markets to take steps that help them reach their mission of equitable access to the global financial system.
Every partnership made by Stellar is focused on enriching its mission. For example, the VISA and Tala Mobile partnership leverage Stellar and Circle Pay to connect the underbanked and the digital currency ecosystem. Thus, widening the path towards a border financial inclusion. In addition, the partnership is focused on identifying opportunities to make it easier for consumers to convert, store, and use USDC.
The strengths of the Stellar Network are increasing by the day. Recently, Automated Market Makers were introduced to ensure there is increased liquidity in the network.
The Stellar community is very participative. They take part in the project discussions propelling the decisions of the developers and project proposers to the real-time needs of real users.
The ecosystem and its leadership believe in the importance of regulations. They have been keen about reinstating that regulatory bodies must evolve with the markets they regulate. They make regular efforts to talk to regulators about blockchain’s benefits.
The Stellar Community Fund encourages project submissions and facilitates seed funding for winning projects, thus enabling innovation development.
The Open Protocol Discussions in the community is geared towards getting everyone to roll up their sleeves to build a global and inclusive open financial system. They ensure they trigger a call to action from their community of users and their developers in anything they propose.
Solutions built on Stellar create value. And, they make their investors clear that they are providing for well-served projects.
The plans do not stop at the policy level. The policies move ahead to the adoption level. Whether it is about the world of stable coins, decentralized finance, NFTs, or name anything possible with blockchain technology, they are making it possible on Stellar. Through all, they make their cross-border solutions beneficial through every iteration.
