Stellar (XLM)

is a decentralized protocol that facilitates cross-border transactions using blockchain technology. Its native cryptocurrency, XLM (Lumens), plays a key role in its ecosystem, enabling faster, more affordable, and transparent financial services. Stellar has been involved in several important collaborations and partnerships, which help to drive its adoption, especially in the areas of remittances, banking, and blockchain-based payment systems. Here are a few notable collaborations:

1. IBM and World Wire

• IBM World Wire is one of the most significant collaborations Stellar has entered into. IBM's cross-border payment solution is built on the Stellar network, allowing for instant settlement of transactions between banks and financial institutions. It uses Stellar to bridge different currencies with the help of digital assets like XLM and stablecoins.

2. Circle and USDC

• Circle, the creator of the USDC stablecoin, integrated with Stellar in 2021. This partnership allows users to access USDC on the Stellar network, enabling cheaper, faster, and scalable payments and remittances. USDC on Stellar also enables businesses and developers to create applications for decentralized finance (DeFi), international payments, and remittance solutions.

3. SatoshiPay

• SatoshiPay leverages Stellar’s blockchain for micropayments and cross-border B2B payment solutions. The platform offers real-time, low-cost settlement using XLM, particularly for digital content monetization and international transfers.

4. Deloitte

• Deloitte partnered with Stellar to explore solutions for cross-border payments and remittances, working on pilot programs that aim to provide faster and more secure payment rails for financial institutions.

5. MoneyGram

• Stellar has recently partnered with MoneyGram to create a bridge between digital assets and local fiat currencies. This partnership allows MoneyGram to use Stellar’s blockchain to offer near-instant cross-border money transfers and convert digital currencies into fiat, significantly improving financial inclusion.

These collaborations show Stellar's focus on integrating with traditional financial institutions and creating a bridge between traditional finance and the blockchain world, emphasizing cross-border payments, remittances, and decentralized finance.