The Stellar Development Foundation has burned 55 billion of its XLM tokens, over half the cryptocurrency's supply, CEO Denelle Dixon announced.
Keybase users can expect monthly XLM airdrops, adding up to 2 billion XLM over the next 20 months.
The Stellar Foundation has hired former Mozilla exec Denelle Dixon to be its new CEO as founder Jed McCaleb moves to a tech role.
Coinbase Pro has added support for Stellar lumens, the payments-oriented cryptocurrency started by Ripple co-founder Jed McCaleb.
Grayscale Investments is launching a new single-asset trust for Stellar lumens, allowing accredited investors to gain exposure to the cryptocurrency.
A currency is nothing if not widely used, and that can't be achieved unless people make some cost-incurring effort to encourage widespread usage.
Crypto wallet provider Blockchain says it will distribute $125 million in Stellar XLM to users, with some receiving tokens within the week.
