Adam Ludwin is stepping down as CEO of Interstellar to head a new spin-out. His successor at the Stellar blockchain-focused startup is an ex-banker.
Asset manager Franklin Templeton plans to use the Stellar blockchain to record shares in a new money market fund.
FairX, a crypto bank that planned to run on the Stellar network, ran out of steam.
U.K.-licensed payments platform Wirex is launching 26 fiat-backed stablecoins on the Stellar blockchain network.
Six banks have signed up to issue stablecoins through World Wire, an IBM network built on the Stellar blockchain.
The Stellar Foundation has hired former Mozilla exec Denelle Dixon to be its new CEO as founder Jed McCaleb moves to a tech role.
Canada-based cryptocurrency exchange Coinsquare has acquired decentralized exchange StellarX and will seek to license it in Bermuda.
Micropayments startup SatoshiPay has partnered with Europe's largest digital publisher to integrate blockchain payments for content.
CoinDesk profiles Jed McCaleb, the early cryptocurrency evangelist who created Stellar, now the world's sixth-largest coin by market cap.
In the latest good news for the crypto project, TokenSoft says it is launching support for token sales built on the Stellar network.