Stablecoins are merging with real-world finance
$XLM is an institutional favorite for this✅
These are institutionally issued & licensed stablecoins that have all chosen Stellar for a reason.
Stellar's proven leadership in payments & tokenization
They've seemingly become one of the most institutionally favored L1s for DLT finance.
We've seen this with tokenized assets by Franklin Templeton & even DTCC.
And now looking back to Stellar's most foundational use case that they began with... Payments utility.
We've seen this explode over the past couple years.
From expanding their MoneyGram collaboration to now involve Stripe issuing MGUSD on Stellar,
To PayPal selecting Stellar as the 3rd chain for their PYUSD to come live onto,
To PwC testing regulated Stellar hosted stablecoins by US Bank and AllUnity,
All the way to even tokenized asset backed stablecoins thru Ondo Finance.
This is what the Future of Finance on-chain looks like.
1/ Top tokens swapped on LOBSTR last week, Stellar edition:
XLM @StellarOrg
SHX @strongholdpay
AQUA @AquariusDeFi
VELO @veloprotocol
XRP
$XLM leads again and the top four doesn't move an inch. XRP takes fifth from AFR. 🦞
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