1 X ripple ripple =


28 May 2020

Stellar's Plan to Win Global Payments: Play Nice With the Finance Cops

Stellar's Plan to Win Global Payments: Play Nice With the Finance Cops

smart summary beta

“Making sure Stellar is useful for actual people” was always the goal, said Jed McCaleb, who created the cryptocurrency in 2014.

Stellar’s advantage is that it’s already here and moving – with a built-in compliance layer just above the protocol itself.

Neri said that makes Stellar helpful for a business like his in a way that, say, ethereum does not.

She believes central banks understand that if any cryptocurrency becomes globally adopted, it will allow citizens within a nation-state to opt-out of a central bank’s policies.

“It’s fair to say that all the noise associated with Libra had a kind of negative effect,” said Wirex CEO Matveev.

For his part, McCaleb told CoinDesk he thinks Mark Zuckerberg and his Libra lieutenants don’t really understand what they are getting into.

McCaleb said Libra doesn’t look decentralized enough to him and he doesn’t believe the founding partners will ever fully decentralize it, though he acknowledges he has a bias there.

But Mbenkum, the founder of Interstellar Wallet and Exchange, argued that Stellar’s advantage for reaching the unbanked is not its cryptocurrency, XLM.

Rather, it’s the system of “anchors,” the Stellar lingo for companies making asset-backed tokens on the network.

People in emerging markets don’t understand abstract things like cryptocurrencies, Mbenkum said

People understand yams,” he said, and they will understand something that promises the future delivery of such products

Goto Full Article

ripple ripple price



Live Average


News Article Sentiment


Score (0.1)


Litecoin (LTC) Price Analysis: Facing Key Hurdles Near $45
published: 10 hours ago
Litecoin price is showing signs of an upside correction against the US Dollar, similar to bitcoin. LTC price must clear the $45.00 hurdle to start a sustained upward move in the near term.

sentiment (-0.3) Negative


Bitcoin, Ether, and XRP Weekly Market Update May 25, 2020
published: 3 days ago
The total crypto market cap lost $23.1 billion of its value for the last seven days and now stands at $246.2 billion. The top 10 currencies are mostly in red for the same time period with Bitcoin (BTC...

sentiment (-0.1) Negative

Article Metadata


Market data feeds provided by
bitsmart 2018