Stellar unveils open-source global payment service

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'.

Timeline of Stellar

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.

A popular cryptocurrency investor known for his disdain for the native token of the XRP Ledger, $XRP, has voiced an altered viewpoint on the digital currency. The analyst, who posts under the Virtual Bacon pseudonym, cited its perceived underwhelmed performance and concerns surrounding XRP's centralization for being against it.

Stellar Development Foundation (SDF) becomes a minority investor in MoneyGram during its go-private deal with Madison Dearborn Partners. This move strengthens SDF's role in MoneyGram's digital journey and fintech innovations.

Despite the temporary consolidation in the cryptocurrency market, Stellar (XLM) has been recording gains on all of its charts, growing its value nearly 100% since the year's turn and sparking hopes it could overtake its all-time high (ATH) and even proceed toward $1.

With OpenAI launching its artificial intelligence (AI) tool ChatGPT, the ensuing hype has given birth to other powerful AI platforms, including Google Bard, which has proven itself useful in cryptocurrency market analysis, including comparisons between assets like Stellar (XLM) and XRP (XRP).