By George@Footprint Analytics
Date: 8th January 2022
Data source: Stellar dashboard
Last month, the Stellar Development Foundation (SDF) participated in a cryptocurrency hearing hosted by the U.S. House Committee on Financial Services.
CEO Denelle Dixon presented the technology of the Stellar decentralized payment system and its applications. With the recent news that Ukraine and Mexico will be using Stellar to run their digital currencies, Stellar is once again in the spotlight.
What is Stellar
Launched in 2014, Stellar is a platform that supports cross-border transactions between currency pairs and aims to solve global payments problems through blockchain technology.
The global payments and settlement system are complicated with various fiat currencies and each country’s financial and regulatory systems.
Stellar aims to solve this problem by making transfers between different currencies efficient (within 5 seconds) and low cost (under 1 cent USD) through decentralized transaction v
We współpracy z: https://cryptoslate.com/footprint-analytics-stellar-aims-for-rebound-in-2022/