On December 18 Stellar Lumens has made an announcement about its partnership with Pundi X platform, which is created in aim to make cryptocurrency accessible by empowering blockchain developers and token holders to sell cryptocurrency and services at any physical store in the world.
— Ella Qiang (@ellaqiang9) 18 December 2017
As it was stated in the announcement made by Pundi X, two companies will be formulating a collaboration as Stellar Lumens is a distributed payment infrastructure, built on the premise that the international community needs “a worldwide financial network open to anyone”.
In the abovementioned collaboration Pundi X will work with Stellar Lumens for the settlement in Indonesian rupiah in the future in aim to build a better crypto-world.
After the news came to light, the price of Stellar started to rise having increased from $0,27 to $0,3 and the market cap of the coin rose from $4,7 billion to $5,3 within one day. Nevertheless currently the cryptocurrency is showing a decline, having fallen down 4,5% within past hour.
At the moment of press, these are main market parameters of Stellar:
- Average price: $0,27
- Marketcap: $4 859 369 903
- 24h volume: $230 885 000