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Stellar News: XLM To Dominate Cross-Border Payments

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Stellar news

Cryptocurrency experts from all corners of the world agree that right now is the best time to buy Stellar (XLM). While the latest market behavior was far from perfect, and prices of many coins have dropped, cryptos like Stellar are extremely undervalued at this point.

At the time of writing, top cryptos are trading in the green, which might mean that the situation is getting better. Stellar’s current price is at $0.226430, with 2% increase in the last 24 hours. Despite the fact that this is far from a real bull run, analysts agree that the real price surge is bound to arrive sooner or later.

Recent Stellar news claims that this XLM price does not match its fundamentals, which places Stellar in a perfect position for growth. This is due to its nature, as well as the ultimate purpose for which the coin was designed.

What makes Stellar special?

Just like Ripple (XRP), Stellar also aims to revolutionize cross-border payments, and make them faster, cheaper, more efficient, and possible at any time of day or night. The largest difference between the two is that Ripple is focusing on providing its services to banks and other financial institutions, while Stellar aims to deliver the same to individuals.

In addition, Stellar has partnered up with IBM a while back, and IBM offers its own services to around 97% of the global banking system. In short, by partnering with IBM, Stellar also has a unique opportunity to get access to other IBM’s partners as well. Not only that, but IBM’s international payments solution allows these banks to settle any payment in fiat currencies, and not only Stellar.

This is a very big deal for banks since most of them are not ready to start working with cryptocurrencies, either due to laws in different countries or because of their own policies. Because of that, banks are more likely to go for those solutions that do not force them to deal with cryptocurrencies.

Recent Stellar news also claims that Interstellar is making game-changing moves, that are expected to make this coin’s blockchain even more interesting and attractive to banks and financial institutions. Some reports mention payment channels that plan to introduce new features, such as interoperability, privacy, and scalability. Privacy has always been an important issue when it comes to finances, which is another very important advantage for Stellar.

Scalability and interoperability are also very important. In the finance industry, thousands upon thousands of transactions are made every second, and Stellar’s system is making big steps to always be able to instantly satisfy the industry’s needs.

All of this points out to a massive use case for Stellar, which likely means that this is a coin that will never go away. As such, it can only grow as time progresses. For this reason, investors believe that buying the coin while it is cheap might bring them significant gains in the future.

The finance industry is a market with a worth of trillions of dollars. The coin that dominates this market will be the largest one in the world, and XLM stands more than a good chance to be that coin.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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META 1 Coin Trust Announces Commission to Study Global Persecution of Cryptocurrency Projects

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Boca Raton, Florida, 27th October, 2020, // ChainWire //

Collaborating with Other Cryptocurrencies, META 1 Tackles Injustice and Human Rights 

META 1 Coin Trust has announced plans to identify, research and document instances of governmental overreach in cryptocurrency cases globally, as part of its ongoing efforts to advance human rights and individual freedom. 

According to Robert P. Dunlap, Executive Trustee of META 1 Coin Trust, “The malicious attacks on crypto projects globally by overzealous government agencies must be documented and publicized to protect the individual liberties of META 1 Coin holders, as well as issuers and holders of other cryptocurrencies.” He added, “The decentralized, non-jurisdictional reality of crypto has left government agencies often unable to fully litigate cases and the general public should not have to continue suffering due to excessive overreach as agencies clamor to save face.”

META 1 Coin Trust is led by Robert P. Dunlap and Nicole Bowdler, who are both committed to pushing back against unimpeded global persecution of cryptocurrencies. By calling attention to years of organized efforts by government agencies to specifically target cryptocurrency projects, their hope is that the public will see and demand an end to these unjust violations of individual liberty. 

Specific grievances which motivated this initiative include grave concerns over government agencies’ obstruction of individuals’ livelihoods, defamation of character, and libelous false accusations which could tarnish the names of individuals for years to come, long after legal actions…

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GDA Capital in Conversation About the Future of Digital Assets at Global Family Office Summit

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GDA Capital organized the quarterly Global Family Office Summit this week. The event was held virtually with a number of technology leaders and high net worth investors who discussed issues such as education, trust and responsibility to give back. Among these were insightful conversations with Dubai-based Dalma Capital’s CEO Zachari Cefaratti, Holt Fintech Accelerator founder Brendan Hold Dunn, Global Data Sentinel CEO and White City Ventures Chairman of the Board Shahal Khan, and Elitium CEO Raoul Milhado, among others. Participants were also given access to off-market opportunities to invest in novel technologies.

Will Bartlett, GDA Capital’s Director of Research, headlined the event by focusing on tech in the modern economy, and identifying six sectors where new technologies can make a lasting impact: robotics, space, biotech, machine learning, quantum computing, and blockchain. In the context of blockchain, he discussed how digital assets are a hedge against traditional financial markets. “Cryptocurrencies have no exposure to stock market returns, macroeconomic factors, or returns of currencies and commodities,” Bartlett said.

More so, Bartlett believes that new models for digital assets such as DigitalBits’ branded stablecoins are key to the development of the field. These currencies replace traditional rewards and loyalty point systems that are commonly used by household brands by porting them to the blockchain. Meanwhile, they rely on brand…

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Chainwire Launches Blockchain-Focused Automated Press Release Distribution Service

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TEL AVIV, Israel, 13th October, 2020, // ChainWire //

MarketAcross, a world leader in blockchain public relations and marketing services, is pleased to announce the launch of Chainwire, an automated press release distribution service which provides guaranteed coverage and in-depth reports. Chainwire will be a one-stop-shop for the distribution of press releases in the cryptocurrency and blockchain sector. The launch marks the first time that advertisers can reach leading publications in the crypto media with the click of a button. 

While most industries have some kind of PR newswire service, the cryptocurrency sector has become a victim of its own rapid pace of growth over recent years. Since the ICO boom of 2017, there has been a proliferation of blockchain and crypto-focused projects, exchanges, investment firms, and marketing agencies, along with niche news and informational content sites. 

However, the infrastructure to connect this complex ecosystem has been slow to come up to speed, meaning that existing newswire services don’t reach their target audience. It’s estimated that one in five people own cryptocurrencies, so there is currently a significant missed opportunity to reach a massive global readership. 

As a newswire service dedicated to the crypto and blockchain space, Chainwire aims to address this gap. Press releases are distributed to leading publications, offering guaranteed coverage to reach audiences worldwide. The system is integrated with publishers and blogs, enabling accurate reporting via a user-friendly dashboard. It also…

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