Ex Mozilla Exec to Join Stellar Foundation

Denelle Dixon is now a CEO of Stellar Foundation, she's former Mozilla Chief Operation Officer
15 March 2019   632

Former Mozilla COO Denelle Dixon led the non-profit Stellar Development Foundation, which focuses on the promotion of the cryptocurrency Stellar Lumens (XML).

In this position, she changed the creator of Stellar, Jed McCaleb, who took over the position of chief architect, whose responsibilities include developing a protocol and creating a strategy for mass adoption.

The vision is big: Stellar and SDF hope to unlock the world’s economic potential by making money more fluid, markets more open, and people more empowered. And thinking big, beyond any one product, beyond any single issue – that’s what has always driven me.

Denelle Dixon

CEO, Stellar Foundation

 She added she always defended the right of people to control their personal data, and also built the cooperation of Mozilla and commercial enterprises so as not to betray the ideals of the organization.

In her opinion, the unique characteristics of Stellar will allow it to change the existing payment infrastructure.

Wirex to Issue 26 Stablecoins on XLM Blockchain

Wirex chosen Stellar blockchain because company considers it safe, easily scalable and relatively inexpensive to use
25 April 2019   452

British online banking platform Wirex has announced the listing for the XLM token, as well as the release of 26 stablecoins on the Stellar blockchain, pegged to fiat currencies, including USD, EUR, GBP, HKD and SGD.

Prior to this, Wirex card supported eight digital assets and ten fiat currencies.

In addition, Wirex added the ability to instantly convert steablecoins to each other at over-the-counter rates.

As the company expects, new assets will be used for money transfers, issue and redemption of tokens, as well as for payments for services.

The choice of Wirex fell on the Stellar blockchain, as the company considers it safe, easily scalable and relatively inexpensive to use.

Last year Wirex became the third company in a row that received a license to provide services in the UK and Europe.