Stellar to Get New Logo

The project's blog reports that the new logo will replace the “rocket” in May
13 March 2019   341

The Stellar Development Foundation introduced a new project logo, abandoning the “spaceship”, which was associated with the it for a long time.

The logo was developed by the design company Kurppa Hosk. According to its representatives, the new symbol of the project should be more universal, since Stellar is used not only in the financial sphere.

Stellar Lumens New Logo
Stellar Lumens New Logo

Nevertheless, the project does not completely abandon the space theme associated with continuous research. Therefore, the new logo resembles the letter "S" and the planet Saturn. Such a symbol, designers are sure, is perfect for cryptocurrency.

The project's blog says that the new logo will replace the “rocket” in May.

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   238

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.