Templar is launching on Stellar, enabling XLM deposits to borrow USDC, with no wrapping barriers.
XLM attempts a slight recovery, yet bearish signals persist with a Death Cross and low momentum readings.
Templar, the first Cypher Lending Protocol, has officially launched on the Stellar network, giving users the ability to deposit XLM and borrow stablecoins such as USDC across multiple blockchains. The integration enables borrowing directly through Stellar wallets without the need for bridges or wrapped tokens.
Templar operates through NEAR’s multi-party computation (MPC) network and Chain Signatures, ensuring that deposits from Stellar wallets are handled securely and without cross-chain complications.
USDC borrowing is available not only on Stellar but can also be accessed on Ethereum, Solana, NEAR, and other supported chains. Through this structure, liquidity moves smoothly between supported networks.
1/Templar, the first Cypher Lending Protocol, is launching on @StellarOrg
