In 2014, using what Jed McCaleb had learned through the development process of Ripple ‘Ripple protocol’, McCaleb started the non-profit Stellar Development Foundation, which eventually led to the creation of the Stellar Consensus Protocol and XLM currency. Before that he was part of the infamous exchanging platform Mt. Gox and the parent company Ripple.
Stellar Lumens XLM
Having that said and rolling back to the present, the team behind Stellar Lumens is working very hard to keep up the race against leading altcoins. This goes especially for Ripple’s XRP as both run for being the main future changing financial infrastructure catalysts when it comes to cross-border transactions.
Accordingly, the team behind the speedy platform has announced that their speedy tech will be integrated via the partnership between Lightyear and SHIFT Markets into the exploding market.
“This is an exciting partnership for us as many of our exchange clients would like to offer Lumens trading on their exchange. Their commitment to provide low-cost financial technologies in developing nations makes them a good fit for our market. We aim to increase Lumen liquidity and usage for both major and exotic fiats,” – Ian McAfee, SHIFT’s CEO
SatoshiPay – With the market prices acting like a living roller-coaster, the cryptoverse community turns to the latest infrastructure development and news on collaborations. For some days now, Stellar Lumen (XLM) has been receiving exclusively intriguing news as here comes another that Stellar’s partner, SatoshiPay, is getting ready for Initial Public Offering (IPO) on AIM, a sub-market of the London Stock Exchange.
“This is a giant leap for SatoshiPay, and I am extremely proud that the startup I co-founded in 2014 has grown into a company that, with the support of an amazing team and fantastic investors, is now approaching a stock market float, the CEO of SatoshiPay, Meinhard Benn stated.
TransferTo – TransferTo announced its partnership with Stellar to boost international money transfer. This way, transfers in over 70 countries will be completed very speedy and efficient.
— Lisa Nestor (@nestorious828) July 25, 2018