Wednesday, May 12, 2021
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Stellar Lumens (XLM) to Solve Lack of Financial Inclusion in Use Case Perspective Within 3-5 Seconds

Protocol 15 is the latest update and excitement in the Stellar Lumens Community. One of the crypto enthusiast stated that XRP and Stellar Lumens will one day enable the efficient intermodal exchange and storage of digital currencies. Stellar makes it possible to create, send, and trade digital representations of all forms of money: dollars, pesos, bitcoin, anything.

Someone tried to cheer up XLM as being better than XRP by stating: Afraid not – XRP has done nothing for years. Stellar indeed has improved over years with the only concern being that the price has not changed.

Registration for Meridian 2020 is progressing.  Denelle Dixon recently expressed that they are optimistic about creating an efficient global payments system with blockchain technology.  She pointed to how Stellar rails were able to connect people across geographies. 

After Denelle Dixon’s speech at the IMF-World Bank annual meeting, it just looks like Stellar has a great future. Users are expecting to see lot of Central Bank Digital Currencies on the Stellar network.

At the IMF Meeting they discussed the role of the private sector when it comes to enabling the future of cross-border payments in a practical and sustainable way.  They are equipped to consistently approach solutions from use case perspective. Entities are encouraged to solve the problem of lack of financial inclusion across the world.

Sydney Ifergan, the crypto expert opined:  “Stellar Lumens (XLM) is not in the PayPal list and very soon users are expecting this might happen.”

Reportedly, PayPal’s cryptocurrency partner, Paxos are offering Stellar Lumens (XLM), Cardano (ADA), Bitcoin, Ethereum, Litecoin, Bitcoin Cash and PAX Gold on their exchange for trading and custody.

Stellar Development Foundation (SDF) are continually working with regulatory bodies to bring cryptocurrencies to the masses. And, PayPal can be one of the routes.  Users expect XLM to be added to PayPal’s list soon.

Stellar Lumens (XLM) Sending Money in 3 to 5 Seconds

Denelle Dixon at the IMF speech stated that permission-less networks are the infrastructure layer which permits entities to build and innovate upon ideas and products, which will solve the lack of financial inclusion across the globe. She also stated that these solutions will make it possible for users to send payments via phone, without a bank account, and within 3-5 seconds – and that’s just the tip of the iceberg for the potential created by open-source networks.

As the Stellar Lumens Goals as stated during the IMF meeting progresses, the price is expected to improve.

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