Altcoins News

Story: Anyone Knows What BridgeNet LiquidNet and Smartnet from XLM Stellar Lumens Is

By Maheen Hernandez

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Stellar Lumens XLM Lightnet BridgeNet LiquidNet and Smartnet

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Stellar Lumens XLM Lightnet Partner With The Best

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Denelle Dixon tweeted:  "Lightnet is building a financial mobility network on @stellarOrg that can provide financial access to billions.

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The price of Stellar Lumens has been trending around at $0.054515, with the 24-hour trading volume at $298,111,814. XLM price is up by 3.4% over the past 24 hours.

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The technical indicators for Stellar confirm a Bullish move, and the price trend is optimizing from the overbought region.

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RDCrypto tweeted:  “The number of Stellar accounts keeps increasing at a rapid pace. Now up to 4.6 million.”

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CryptoChicken tweeted:  “Anyone knows what "BridgeNet, LiquidNet and Smartnet" is???” We are yet to get the answers to this question from Lightnet.

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Sydney Ifergan Crypto Expert Tweeted: “What are BridgeNet, LiquidNet, and Smartnet from Stellar Lumens Lightnet? What kind of banking solutions are they for the unbanked.”

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Lightnet is focusing on moving $50 bn in International payments per annum.  This target is set for achievement on the Stellar Network by 2022.

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Recently, the Stellar Network-based Lightnet, a Bangkok-based fintech company, raised $31.2 million in funding during their "Series A" financing round.

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Lightnet has partnered with Interstellar, the commercialization wing of the Stellar Development Foundation.

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Mike Kennedy, CEO of Interstellar, stated, “The best way to scale is to partner with the best, most reputable companies that have a lot of endpoints.”

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Stellar Network is focused on the financial inclusion of the underbanked, and low-cost remittances achieve just that.

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Jed McCaleb, Chief Architect of the Stellar Development Foundation, opined, Lightnet is contributing to the world that Stellar Network is focusing on building.

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The native token of Stellar Lumens XLM will be used as the means to move funds between the parties. 

The Currency Analytics

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