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Topic: [ANN][XLM] Stellar - Decentralized trading platform - page 52. (Read 243330 times)

sr. member
Activity: 868
Merit: 259
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This stability in price of XLM is inviting people again to again to jump on the train while it is this cheap. I am not fond of speculation but not talking about price at all isn't right too. These longer bearish markets are gifts for those who can watch the hidden and visible potential in some choosy markets. Stellar's last update with demo payment channels is what everyone must access.
Yes, it would be better to buy Stellar now, while price is not very high. Later it may be late  Smiley
hero member
Activity: 1106
Merit: 504
This stability in price of XLM is inviting people again to again to jump on the train while it is this cheap. I am not fond of speculation but not talking about price at all isn't right too. These longer bearish markets are gifts for those who can watch the hidden and visible potential in some choosy markets. Stellar's last update with demo payment channels is what everyone must access.
full member
Activity: 546
Merit: 122
New Stablecoin Tied to Australian Dollar Is Launching on Stellar's Blockchain

A new stablecoin is launching on the Stellar blockchain that's designed to hold its value with the Australian dollar (AUD) and is being pitched for consumer and business uses.

Announced Tuesday at the Money 20/20 conference in Las Vegas, Novatti Group, an Australian online payments processor, will issue the Novatti AUD Utility Token beginning on November 19. The token will be backed 1-for-1 with AUD held in a trust.

While traditionally, stablecoins have been a tool for cryptocurrency traders to move money quickly between exchanges, Novatti envisions its token being used for more common use cases, like remittances or purchases.

More - https://www.coindesk.com/new-stablecoin-tied-to-australian-dollar-is-launching-on-stellars-blockchain/
technically, stellar is superior, and a really nice currency. but I wonder why they use Stellar blockchain to create a stable coin? they could create coins on their own blockchain.

Because it is a public platform. The public blockchain is transparent and reliable. And in the case of Stellar , this is also a fast and cheap blockchain.
Public, transparent, fast, cheap - is it not componenets of a successful project? I think yes, and Stellar has even more.
I like the name most of all other - Stellar Lumens. Sounds great Smiley
OK, I agree that creating this stablecoin is a good step, looks like this project is still in the right track. stellar about to explode again.
hero member
Activity: 980
Merit: 512
Coinbase lising wont be announced today but I suppose anytime by november.interstellar will be hosting VISA, circle is part of coinbase and has xlm already, one senior president of coinbase is part of stellar its but ovious that the coin to be listed next on coinbase is going to be stellar.
sr. member
Activity: 868
Merit: 259
CryptoTalk.Org - Get Paid for every Post!
New Stablecoin Tied to Australian Dollar Is Launching on Stellar's Blockchain

A new stablecoin is launching on the Stellar blockchain that's designed to hold its value with the Australian dollar (AUD) and is being pitched for consumer and business uses.

Announced Tuesday at the Money 20/20 conference in Las Vegas, Novatti Group, an Australian online payments processor, will issue the Novatti AUD Utility Token beginning on November 19. The token will be backed 1-for-1 with AUD held in a trust.

While traditionally, stablecoins have been a tool for cryptocurrency traders to move money quickly between exchanges, Novatti envisions its token being used for more common use cases, like remittances or purchases.

More - https://www.coindesk.com/new-stablecoin-tied-to-australian-dollar-is-launching-on-stellars-blockchain/
technically, stellar is superior, and a really nice currency. but I wonder why they use Stellar blockchain to create a stable coin? they could create coins on their own blockchain.

Because it is a public platform. The public blockchain is transparent and reliable. And in the case of Stellar , this is also a fast and cheap blockchain.
Public, transparent, fast, cheap - is it not componenets of a successful project? I think yes, and Stellar has even more.
I like the name most of all other - Stellar Lumens. Sounds great Smiley
sr. member
Activity: 826
Merit: 284
New Stablecoin Tied to Australian Dollar Is Launching on Stellar's Blockchain

A new stablecoin is launching on the Stellar blockchain that's designed to hold its value with the Australian dollar (AUD) and is being pitched for consumer and business uses.

Announced Tuesday at the Money 20/20 conference in Las Vegas, Novatti Group, an Australian online payments processor, will issue the Novatti AUD Utility Token beginning on November 19. The token will be backed 1-for-1 with AUD held in a trust.

While traditionally, stablecoins have been a tool for cryptocurrency traders to move money quickly between exchanges, Novatti envisions its token being used for more common use cases, like remittances or purchases.

More - https://www.coindesk.com/new-stablecoin-tied-to-australian-dollar-is-launching-on-stellars-blockchain/
technically, stellar is superior, and a really nice currency. but I wonder why they use Stellar blockchain to create a stable coin? they could create coins on their own blockchain.

Because it is a public platform. The public blockchain is transparent and reliable. And in the case of Stellar , this is also a fast and cheap blockchain.
hero member
Activity: 1358
Merit: 635
hero member
Activity: 1068
Merit: 523
I think that comparing Stellar and Ripple is actually not entirely correct. And such a discussion should be placed in a separate thread of the forum.
As for the Stellar Lumens itself, the bright future is not far off. The more an ecosystem develops, the more projects and tokens appear on the platform, then better for all.

This is a good place to compare stellar and ripple, it is a good discussion topic for both projects, most here would own both tokens.
sr. member
Activity: 868
Merit: 259
CryptoTalk.Org - Get Paid for every Post!
I think that comparing Stellar and Ripple is actually not entirely correct. And such a discussion should be placed in a separate thread of the forum.
As for the Stellar Lumens itself, the bright future is not far off. The more an ecosystem develops, the more projects and tokens appear on the platform, then better for all.
legendary
Activity: 1974
Merit: 1077
^ Will code for Bitcoins
I think that Stellar project has been developed very very intensively this year.
Moreover, the Stellar project has  built up so many new partnerships this year.
In a word, congratulations Stellarians!

We are at the halfway point of competition between Stellar and Ripple ,and things are getting interesting. It's neck and neck as those two  all push to be first to pick up new financial institutions this year.

Title of this thread is "[ANN][XLM] Stellar - Decentralized trading platform". How the word "Decentralized" agrees with "financial institutions" that you mention? Isn't it oxymoron?

I see  you're not familiar with   Stellar mission. Any financial institution  can bring to bear  Stellar API and declare themselves a gateway between crypto and fiat money. Google to find the list of banks Stellar  is partnered with.

I see you're not familiar what Decentralization means. Using one organization's API is the opposite.
sr. member
Activity: 1022
Merit: 391
In this long article Stellar Lumen is analyzed in detail, from birth through his creator Jed McCaleb, former creator of Mx-Gox and co-founder of Ripple with Chris Larsen; the partnership with IBM, the birth of the StellarTerm decentralized platform, is analyzed and studied; the birth of a new stablecoin anchored on the Stellar blockchain, etc.

https://blog.zerononcense.com/2018/10/26/reasons-to-be-extremely-bullish-about-stellar-lumens-xlm/

There has been accumulation for several months on the Stellar chart, and sooner or later there will be a huge price explosion, as has happened several times in the past.
legendary
Activity: 1974
Merit: 1077
^ Will code for Bitcoins
I think that Stellar project has been developed very very intensively this year.
Moreover, the Stellar project has  built up so many new partnerships this year.
In a word, congratulations Stellarians!

We are at the halfway point of competition between Stellar and Ripple ,and things are getting interesting. It's neck and neck as those two  all push to be first to pick up new financial institutions this year.

Title of this thread is "[ANN][XLM] Stellar - Decentralized trading platform". How the word "Decentralized" agrees with "financial institutions" that you mention? Isn't it oxymoron?
hero member
Activity: 1358
Merit: 635
I think that Stellar project has been developed very very intensively this year.
Moreover, the Stellar project has  built up so many new partnerships this year.
In a word, congratulations Stellarians!

We are at the halfway point of competition between Stellar and Ripple ,and things are getting interesting. It's neck and neck as those two  all push to be first to pick up new financial institutions this year.
member
Activity: 325
Merit: 10
I think that Stellar project has been developed very very intensively this year.
Moreover, the Stellar project has  built up so many new partnerships this year.
In a word, congratulations Stellarians!
jr. member
Activity: 308
Merit: 1
DOMINIUM - Decentralised property platform
Yes.
Stellar kept hearty even with the recent general fall of the entire crypt.
I think that in the future he has There are chances to shoot, if only because it is a platform.
And not a very bad platform.
Some large projects, such as CIN, are even going to transfer their coins to the Stellar blockchain, from the Slow blockchain.
legendary
Activity: 1876
Merit: 1003
Stellar continues to amaze me with his breakthroughs.Now I understand that this project will be completely permanent, but I'm a little late.


No, you are not too late to catch this from my point of view this is still undervalued. It could potentially reach get more higher market cap in coming days if you discover this than don't hesitate just join this party and have fun in long term.
jr. member
Activity: 124
Merit: 2
Stellar continues to amaze me with his breakthroughs.Now I understand that this project will be completely permanent, but I'm a little late.
legendary
Activity: 2758
Merit: 1075
https://nexo.io/stellar-loan
Vote for Stellar to be added as collateral for Nexo's instant crypto-backed loans
legendary
Activity: 1736
Merit: 1001
Except that USDC is an ERC-20 token that runs on Etherum as is Genie $ USDG.

I think Stellar has more stable coins than Eth at this point.

At different point of time, each sort of USD* will be the most stable, profitable one for investors.
Personally, I think it is really hard to call something is the best forever.

I really wasn't raking them.

Also, I see a lot of the articles about these coins calling them "pegged" vs "backed". There is a huge difference.

A "pegged" coin is usually manipulated to remain at a certain exchange value... For example, BitShares. There is nothing backing or underlying the value.

While a backed coin is basically one that is issued in exchange for actual Fiat (or bullion, or other asset) in an Escrow and it always exchangeable to that underlying asset. This is where Tether (supposedly), USDC, USDG, WSD, AnchorUSD, TrueUSD, and others fall. This is also why they aren't trustless, you need to trust the custodian to be honest and not issue more than the Escrowed underlying asset and also to honor the exchange, ie burning (or sequestering) the redeemed coin and sending the underlying asset.

While their values could fluctuate on the open market since they are backed by the underlying asset they are always worth 1 unit of that asset. Due to this the value will pretty much remain there. Why would you pay $1.50 for a WSD, when you can go directly to the White Company and buy them at $1 each. Why would you sell them for less than $1 when you can go to the White Company and sell them for $1 each.
legendary
Activity: 1736
Merit: 1001
A new stablecoin launching on the Stellar network is pegged to the Australian dollar and is being pitched for consumer and business use. CoinDesk
https://www.coindesk.com/new-stablecoin-tied-to-australian-dollar-is-launching-on-stellars-blockchain/
Circle USD is one of the most interesting thing related to fiat trading pairs I found when reading the article.
To be honest, Stellar has had significant growth in the year.

Except that USDC is an ERC-20 token that runs on Etherum as is Genie $ USDG.

I think Stellar has more stable coins than Eth at this point.
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