Altcoin NewsNEWS

Stellar Lumens (XLM) Accelerates Global Adoption While Reducing Friction in cross-border Payments

XLM Trading Globally

It is the very right time to announce a team-up that will improve Stellar Lumens XLM adoption globally. SHIFT Markets has declared a new partnership with Lightyear to integrate Stellar technology into the exploding market. SHIFT presently services upwards of sixty crypto exchanges on a global basis.

Stellar Lumens XLM

Ian McAfee – SHIFT’s CEO and Founder, added:

“This is an exciting partnership for us as many of our exchange clients would like to offer Lumens trading on their exchange. Their commitment to provide low-cost financial technologies in developing nations makes them a good fit for our market. We aim to increase Lumen liquidity and usage for both major and exotic fiats,”

The platform SHIFT Markets bring the Stellar’s network a key entry to many regions, where many coins have not the opportunity to be adopted. This clearly bring XLM to a state where it can be paired with various traditional currencies, and we know what it will mean for the price.

On standard, traders have to buy leading coins like Ethereum’s ETH or Bitcoin‘s BTC and then send that to an exchange and pair it with Stellar’s XLM. This step is quite a barrier, within which removal great expansion will be reached for the network.

Paul Arnautoff – Director of Sales and Partnerships at Lightyear.io:

“With new on-ramps and off-ramps for fiat to virtual currency, the Stellar network continues to expand its mission of financial inclusion and reducing friction in cross-border payments,”

Alex Tomzack
About author

Alex Tomzack is a crypto-enthusiast and has been fascinated since first hearing about it. Loves technology, writing, culture while being a regular trader and holder of digital assets. Email: [email protected]
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