Stellar Joins Bytecode Alliance to Support Wasm's Growing Role in Web3

The Stellar Development Foundation recently became a member of the Bytecode Alliance, the key group championing the progress of WebAssembly, more commonly known as Wasm. An announcement on August 21 by Tomer Weller, the foundations product leader, brought this information to light.

Timeline of Stellar

Frankfurt-listed shares of Nvidia jumped 8.7% on Thursday, lifting tech shares around the world, after the company forecast quarterly revenue that smashed expectations and announced a $25 billion buyback.

In the aftermath of a significant crypto market sell-off last week, which temporarily drove the total market capitalization to $1.1 trillion, this week began with a promising rebound for several altcoins.

In a recent post on the Stellar website, Denelle Dixon, CEO and Executive Director of the Stellar Development Foundation (SDF), announced that Stellar had made a financial investment into MoneyGram (MGI). Stellar and MGI have worked together since 2021 and as early as 2019 on projects like stablecoins and money settlement in USDC on the Stellar blockchain.

Stellar launched the Stellar Disbursement Platform (SDP) — an open-source global payment service. In its Aug. 16 announcement, Stellar explained that SDP can help with tasks ranging “from paying gig workers anywhere in the world to delivering digital aid'.

Stellar, a blockchain-based payment network, has unveiled its open-source “Stellar Disbursement Platform,” designed to enhance global digital disbursements in a faster, more cost-effective, and transparent manner. Developed by the Stellar Development Foundation (SDF), this platform aims to streamline bulk disbursements using digital assets for various purposes, from gig worker payments to digital aid distribution.

Respected Wall Street figure Linda P. Jones has shared her optimistic outlook on select altcoins, suggesting that XRP, Algorand (ALGO), and Stellar (XLM) are currently trading at significant discounts.

Story Highlights XLM's price could reach a maximum of $0.186 by the end of 2023. Stellar price could cross the $1 mark with a potential high of $1.289 by the end of 2030. The current price of Stellar is .

Blockchain-based payment network Stellar has introduced the open-source “Stellar Disbursement Platform,” aimed at facilitating faster, cost-effective, and transparent digital disbursements worldwide. Developed by the Stellar Development Foundation (SDF) over the past year, the platform enables individuals and organizations to execute bulk disbursements using digital assets for various purposes, including gig worker payments and digital aid delivery.

Popular Wall Street executive Linda P. Jones has recently revealed she believes that several altcoins, including $XRP, Algorand ($ALGO) and Stellar ($XLM) are trading at a “deep discount,” and told her followers she believes they could move up higher over the next two years.

The Stellar Development Foundation acquires a minority stake in major remittances platform MoneyGram. The Stellar Development Foundation (SDF) — the organization behind the Lumens (XLM) blockchain — announced on Aug.