Huma Finance Raises $38M to Drive Expansion into Solana and Stellar’s Soroban
Huma Finance expects the partnership to drive $10 billion in payments-financing transactions within the next year.
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Huma Finance expects the partnership to drive $10 billion in payments-financing transactions within the next year.
The partnership between Stripe and Bitstamp will initially support Bitcoin, Ethereum, Solana, XLM, and USDC.
The surge comes soon after popular digital asset analyst KALEO speculated that the token’s market capitalization could “easily” reach $10 billion during the next bull cycle.
The collaboration will see Nomura try to launch stablecoins for the yen and the dollar to users in the Japanese market.
Franklin Templeton maintains a leading position in the tokenized US Treasuries sector with its 32% market share.
Stellar is an open-source protocol for value exchange founded in early 2014 by Jed McCaleb (creator of Ripple and eDonkey) and Joyce Kim, supported by a nonprofit, the Stellar Development Foundation. Being a completely decentralized consensus platform, Stellar, in simple words, is an open-source protocol for exchanging money, which connects people, payment systems, and banks, allowing to not only buy and sell currencies in a foreign exchange, but also to convert currencies seamlessly during transactions.
The network consists of peers that run independently of each other, meaning that Stellar does not depend on any single entity, any of which, by the way, can run a Stellar server. The idea is to have as many independent servers in the network as possible, so that it will run successfully even in case some of servers fail. The consensus process happens at a regular interval of every 2 to 4 seconds.
Like any traditional ledger, Stellar’s one records all the balances and transactions of every single account on the network. A complete copy of the global Stellar ledger is hosted on each server running correspondent software.
Stellar network’s native asset is Lumen. The standard token contributes to the ability to move money around the world and to conduct transactions between different currencies quickly and securely.
Stellar boasts quite a starry board’s and advisory board’s crew, which include Keith Rabois, Patrick Collison, Matt Mullenweg, Greg Stein, Joi Ito, Sam Altman, Naval Ravikant and others.
Bidding is an offer to set a price tag by an individual or business for a product or service. In this guide, you will learn about each type of bidding strategy so that you can make informed decisions when it comes to bid on items for your business.
A flash loan attack is a type of attack where a cyber thief takes out a flash loan from a lending protocol and uses it in conjunction with various types of gimmickry to manipulate the market. In this guide, we will look at some examples of past attacks as well as discuss how to prevent them.