CRYPTO NEWS

Stellar Lumens can be sent via email in seconds through new partnership

  • Stellar users can now transfer USDC and Stellar Lumens via email – Tildamail.
  • Another positive development for USDC after Robinhood listed the stablecoin earlier this week.

Tildamail has announced a new update that allows over 7 million Stellar accounts to send and receive USDC and Stellar Lumens (XLM) like mail. Announcing the development, Tildamail, via a tweet on its official page revealed how it partnered with Stellar to design the initiative. According to the firm, users can also send private emails and files through its platform.

Similarly, the CEO and Co-Founder of Circle, the issuer of USDC, Jemmy Allaire, has reacted to the development. In a separate Twitter post, the CEO said the Stellar developer community is making rave with USDC apps. For USDC, the latest development coincides with the listing of Stablecoin by Robinhood.

Positive development for Stellar Lumens

For Stellar Lumens (XLM), the innovation is a big step for the token. Users can seamlessly send and receive the token using Tildamail, thus, attracting more utility for Stellar Lumens. Additionally, the initiative will move the Stellar network a step closer to achieving its purpose. Established in 2015, Stellar Lumens aims at unifying numerous financial system across the globe.

It provides a payment protocol that aids financial service providers and institutions to provide payment solutions. The Stellar protocol is devised to transfer financial resources seamlessly at a low cost. As the native token of the network, XLM functions as an intermediate token and users can use it to settle blockchain transactions.

Sidenotes about Tildamail, USDC

Tildamail is a private email system with decentralized file storage. The system allows users to send messages and files in an end-to-end encrypted pattern. Additionally, Tildamail gives users the privilege to determine who can utilize their data and safeguard their privacy. With Tildamail users can converse anonymously without needing the services of a centralized server.

However, for USDC, the recent initiative further highlights how the stablecoin is gaining prominence. Lately, the stablecoin is gradually covering ground against it’s fierce rival, USDT. While the latter still cover the largest space in the stablecoin sector, USDC is working well to break the dominance. With Tildamail, USDC will get more boost to bridge the gap. XLM currently trades at $0.1146, according to our data.

Der Beitrag Stellar Lumens can be sent via email in seconds through new partnership erschien zuerst auf Crypto News Flash.

Frankfurtā€™s Euro Sculpture Is Saved by New Sponsor CAIZ Development

PRESS RELEASE. The preservation of the Euro sculpture in downtown Frankfurt, Germany, has been in danger in recent months as no sponsors were willing to provide the required financing. At the same time, the costs of maintaining the sculpture have risen considerably, mainly due to increased levels of vandalism. The independent non-profit association Frankfurter Kultur::Listen

PRESS RELEASE. The preservation of the Euro sculpture in downtown Frankfurt, Germany, has been in danger in recent months as no sponsors were willing to provide the required financing. At the same time, the costs of maintaining the sculpture have risen considerably, mainly due to increased levels of vandalism.

The independent non-profit association Frankfurter Kultur Komitee e.V., the owner of the Euro sculpture, would have been forced to have the sculpture auctioned off as a last resort by 15 October 2022 if no one had stepped forward to help.

Because of this situation and the resulting discussion in the media, the issue became a hot topic. Through this media attention, the Frankfurt company CAIZ Development GmbH became aware of the problem. As a local company with its roots firmly in the financial centre, they quickly decided to develop the financing necessary for the Euro sculpture to remain in Frankfurt.

CAIZ Development is a fintech company headquartered in Frankfurt, and it is developing a blockchain-based ecosystem for financial inclusion. For CAIZ Development, that means, among other things, access to a transactional account – currently unavailable to more than two billion people worldwide. “Caiz” in Arabic stands for “permitted, trustworthy and legal,” and it represents a general ethical orientation in the financial world.

The sponsorship contribution doesn’t only cover the maintenance costs for the Euro sculpture for the next five years. The main sponsor will also organize events on topics that match the statutory purpose of the Frankfurter Kultur Komitee e.V. association.

The city of Frankfurt, the European Central Bank and the local state (Hessian) Ministry of Finance will continue to be involved in the activities around the Euro sculpture.

Of course, further sponsors to support the Frankfurter Kultur Komitee, e.V. are always welcome.

Media contacts:

Frankfurter Kultur Komitee e.V.

Prof. Dr. Manfred Pohl

Tel: +49 (0)172-678 5628

[email protected]

CAIZ Development GmbH

Steffen Rieger

Tel: +49 (0)162-7963310

[email protected]

LinkedIn: https://www.linkedin.com/in/steffen-rieger-b1504b149/

 

 


This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Stellar Lumens can be sent via email in seconds through new partnership

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