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Stellar Development Foundation is a nonprofit based in San Francisco that builds an open, accessible financial platform called Stellar. It uses blockchain technology to enable people and businesses to send, save, and receive money with low fees, aiming for transparent and secure, open financial access. The platform operates globally and generates revenue from transaction fees and partnerships with financial institutions and businesses. Its goal is to democratize financial services and reduce barriers to financial inclusion by providing a cost-effective, reliable way to move money across borders.
Industries
Social Impact
Crypto & Web3
Financial Services
Company Size
201-500
Company Stage
Seed
Total Funding
$3M
Headquarters
San Francisco, California
Founded
2014
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Total Funding
$3M
Meets
Industry Average
Funded Over
1 Rounds
Industry standards
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Unlimited Paid Time Off
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Paid Sick Leave
Paid Holidays
Parental Leave
401(k) Company Match
401(k) Retirement Plan
Gym Membership
Family Planning Benefits
Fertility Treatment Support
Wellness Program
Professional Development Budget
Conference Attendance Budget
Commuter Benefits
Phone/Internet Stipend
Home Office Stipend
Six Nigerian startups received a combined $521,700 from round 44 of the Stellar Community Fund. Yolat, a cross-border money transfer platform, secured the largest award at $110,000, followed by Jumpa ($89,700), Azza ($89,000), Choppaddi ($80,000), Paycashless ($78,000), and Blink ($75,000). The funded projects span payments and commerce infrastructure. Choppaddi combines e-commerce with stablecoin payments, whilst Blink enables stablecoin spending at physical checkouts. Azza offers crypto transactions through WhatsApp using an AI agent. Paycashless provides payment tools for over 150 merchants. The Stellar Community Fund is the Stellar Development Foundation's recurring grant programme supporting blockchain projects. Individual grants in round 44 were capped at $150,000, with millions distributed globally in XLM tokens.
XLM price eyes $0.681 as bullish setup and Protocol 28 fuel hopes. What to know: * XLM price holds a bullish structure as buyers defend higher lows and support the recovery trend. * Stellar (XLM) eyes $0.681 as weakening selling pressure strengthens the potential for further gains. * Protocol 28 aims to improve smart-contract development, network efficiency, and consensus speed. Stellar's XLM price maintains a bullish structure as buyers defend higher lows, while Stellar's upcoming protocol upgrade aims to improve smart-contract development, network efficiency, and consensus speed. These developments could support stronger ecosystem growth and reinforce the asset's broader recovery outlook. At the time of writing, XLM is trading at $0.1580 with a 24-hour trading volume of $62.07 million and a market capitalization of $5.45 billion. Despite the 1.45% loss over the last 24 hours, the XLM price structure and network growth point to a bullish reversal ahead. XLM price eyes major move toward $0.681. According to the crypto analyst JAVON MARKS, the XLM price is maintaining a constructive technical structure as buyers continue defending higher lows. This pattern suggests selling pressure may be easing while demand remains active around key support areas. As long as XLM preserves this upward structure, market participants may continue anticipating a broader recovery, with attention increasingly focused on the next major resistance and upside target. The $0.681 price area will be the key focus for the XLM price, with bulls trying to make an advance on the current uptrend. Breaking the trendline in this direction might help bulls to build up the bullish continuation structure and allow room for further advances. But keeping the trend of higher lows intact will be important for bulls to proceed with further gains. Stellar Protocol 28 upgrade targets faster consensus. The data from Stellar further highlighted that the network is developing Protocol 28, which goes by the name Adapter, an upgrade aimed at making the process of smart contract development simpler while bolstering the foundations of the network itself. This update brings certain changes that are meant to simplify smart contract development on the Stellar network. In addition to its efforts toward developer-oriented enhancements, Adapter is an innovation that will bring fundamental changes in the consensus layer to help the Stellar network achieve consensus more easily. This will become more necessary as the network expands because this will enable the protocol to continue operating efficiently even under heavy loads. What happens next. The XLM price's next step will be based on the ability to hold higher lows and breach resistance levels. An eventual breakout could bolster the push towards the $0.681 level, whereas failure at important support levels could see its momentum undermined. On the other hand, the upcoming Protocol 28 upgrade of Stellar should help with network efficiency and development going forward. This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
FC Barcelona's Mobile arm just picked Stellar for its digital wallet. Aug 14, 2026 A football giant steps into blockchain payments. Barça Mobile is the official telecom service of FC Barcelona. It is now building an in-app digital wallet, and it chose the Stellar network to power it. The announcement came on August 5 from New Era Visionary Group, the operator behind Barça Mobile. Two infrastructure partners joined the effort: Wirex and Crossmint. Instead of launching a separate crypto product, the wallet will live directly inside the app. Millions of fans already use that app for eSIM and connectivity across more than 170 countries. That detail matters, because it puts blockchain payments in front of an audience that never asked for one. Three partners, one wallet. Each partner plays a distinct role. Wirex is a principal member of both Visa and Mastercard. It supplies the payment and card infrastructure, which will eventually let subscribers spend at more than 80 million merchants worldwide. Crossmint handles wallet creation and onboarding, aiming to make account setup feel as simple as signing into any other app. Stellar sits underneath both, acting as the settlement layer for fast, low-cost transactions. None of this requires users to understand blockchain at all. There is no fan token to buy and no external wallet to connect, so this integration stands apart from earlier sports and crypto experiments. Why Stellar fits the job. Stellar was built for this kind of use case. It focuses on efficient cross-border value transfer, at a scale traditional rails often struggle to match. The network already anchors remittance corridors and fintech settlement flows. Adding a global football brand's payment layer is a natural extension, not a stretch. The Wirex-Crossmint partnership itself only started in late 2025, built specifically for smart wallet infrastructure. Because of that timing, Barça Mobile becomes the first major consumer deployment of the combined stack, giving Stellar a highly visible proving ground. A blueprint for mainstream adoption. What makes this rollout notable is how invisible the blockchain part is meant to be. Users get payments, loyalty rewards, and travel perks bundled into an app they already open daily. Meanwhile, Stellar quietly handles settlement in the background. That is a meaningful shift from earlier attempts to sell fans on tokens or NFTs. It also shows how consumer brands now treat blockchain rails as plumbing rather than a headline feature. That framing tends to be a much easier sell to a general audience. What it means for everyday Stellar users. For anyone already active on Stellar, moves like this reinforce why the network keeps attracting real payment infrastructure rather than just speculative activity. As more consumer apps route transactions through Stellar behind the scenes, the broader ecosystem benefits from added liquidity and attention. That includes tools like Lumexo. Platforms that make Stellar DEX trading and asset access simple become more useful every time a mainstream brand quietly builds on the same rails. Sources. Data articol: August 14, 2026
Lumx launches BRL-USDC corridor on Stellar for institutional payment settlement in Brazil. A BRL-USDC corridor on Stellar, now live for banks, fintechs, and payment providers. Caio Barbosa Founder & CO-CEO Forbes Under 30. One of the leading voices in Fintech & Crypto in Brazil. Writes weekly about stablecoins, payments, and the future of financial infrastructure in Latin America. Lumx's integration with Stellar is live in production. As of August 4, institutions using its infrastructure, banks, fintechs, and payment providers, can access an operational BRL-USDC corridor on the Stellar network, with on- and off-ramp services connecting Brazilian reais to USDC. Brazil has seen rapid growth in digital payments and stablecoin adoption. Yet institutional cross-border settlement between Brazil and global markets remains slower, more expensive, and less transparent than it should be. The BRL-USDC corridor addresses this directly: it combines Brazil's instant payment rails with the speed, low cost, and reliability of settlement on the Stellar network, an open-source network designed to connect the world's financial infrastructure. Through Lumx's payment orchestration platform, institutions can move between BRL and USDC on Stellar without building blockchain infrastructure themselves. Its platform handles the on- and off-ramps, compliance layer, and connectivity to local payment rails, so clients integrate once and settle in seconds. As part of the launch, liquidity partners have committed to using Lumx's infrastructure to provide ramp services on Stellar, supporting liquidity for the corridor from day one. "Brazil has world-class payment rails and a highly active stablecoin market. By connecting our infrastructure to Stellar, we're giving institutions a production-ready corridor between BRL and USDC - with the low-cost, near-instant settlement the Stellar network was built for, and the compliance and reliability our clients require," Caio Barbosa, Founder and Co-CEO of Lumx. The corridor is operational now. If your institution wants to settle payments between BRL and USDC on Stellar, talk to its team: TALK TO OUR TEAM Ready to transform your business with stablecoins? Discover how its infrastructure can seamlessly integrate stablecoins into your financial operations quickly, securely, and efficiently.
Urban League of Central Carolinas partners with Stellar Network for "The Gathering," a free Back-to-School celebration. Key takeaways. Free family event on August 12, 2026 at Ramblewood Park, 3:00-7:00 PM Hosted in partnership with the Stellar Network during Stellar Awards Week 2026 Featuring DJ Roxci, live music, food, games, giveaways, and a community resource fair The Urban League of Central Carolinas (ULCC) today announced details for its 2026 Annual Back-to-School Community Event, "The Gathering," a free, family-friendly celebration taking place Wednesday, August 12, 2026, from 3:00 to 7:00 PM at Ramblewood Park in Charlotte's historic Exit 4 / Nations Ford community. The event brings together food, live music, games, giveaways and guest appearances, and is hosted in partnership with the Stellar Network as part of the Stellar Awards Week 2026 lineup of community programming in Charlotte. The Gathering takes place during the week leading up to the 41st Annual Stellar Gospel Music Awards, giving the Stellar Network an opportunity to invest in the Charlotte community beyond the televised ceremony at Spectrum Center. The partnership reflects a tradition the Stellar Awards has built in past host cities, where Stellar Plus programming has paired the awards weekend with community-facing activations. "The Exit 4 community has given so much to this city, and The Gathering is our way of saying we see you, we hear you, and we're showing up for you," said Robyn Hamilton, President & CEO of Urban League of Central Carolinas. "Having the Stellar Network alongside us during Stellar Awards Week amplifies that message and reminds our families that this celebration belongs to them." The Gathering will feature DJ Roxci on the turntables along with a community service project ahead of the public start, a resource fair with local organizations, and live music, free food, games and giveaways for all ages. Resource fair participants confirmed to date include CVS, Walmart, and Spectrum, who will host community engagement booths offering health resources, food access information and digital communication education, respectively. Alternatives to Violence (ATV), a Charlotte-based nonprofit focused on building safe and connected neighborhoods, also joins as a community partner. Accenture serves as a corporate sponsor for this event. Charlotte City Council Member Joi Mayo, who represents District 3 - home to the Nations Ford corridor and the Exit 4 community - is expected to join the event. "Let's rep the 4 together" is the rallying call for this year's event, underscoring ULCC's commitment to investing directly in the neighborhoods it serves. Admission to The Gathering is free, and registration details are available at www.urbanleaguecc.org. The Gathering arrives during a historic week for Charlotte, as the city hosts the 41st Annual Stellar Gospel Music Awards for the first time, with Stellar Plus Experience programming running August 12-14 and the televised ceremony, hosted by Kirk Franklin, taking place August 15 at Spectrum Center. Press Inquiry Contact official spokesperson. Alicia Adamson Chief External Affairs Officer Urban League of Central Carolinas More stories.
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Industries
Social Impact
Crypto & Web3
Financial Services
Company Size
201-500
Company Stage
Seed
Total Funding
$3M
Headquarters
San Francisco, California
Founded
2014
Find jobs on Simplify and start your career today