Stellar

Stellar is an open network that allows money to be moved and stored. When it was released in July 2014, one of its goals was boosting financial inclusion by reaching the world’s unbanked — but soon afterwards, its priorities shifted to helping financial firms connect with one another through blockchain technology. The network’s native token, lumens, serves as a bridge that makes it less expensive to trade assets across borders. All of this aims to challenge existing payment providers, who often charge high fees for a similar service.

The Stellar project was launched in 2014 by Ripple co-founder Jed McCaleb and his partner Joyce Kim. McCaleb left Ripple in 2013 due to disagreements about the project’s vision with fellow co-founders.

Stellar is an open network that allows money to be moved and stored. When it was released in July 2014, one of its goals was boosting financial inclusion by reaching the world’s unbanked—but its priorities shifted to helping financial firms connect with one another through blockchain technology. 

The network's native token, lumens, serves as a bridge that makes it less expensive to trade assets across borders. All of this aims to challenge existing payment providers, who often charge high fees for a similar service.

There are about 50 billion lumens in existence. No more lumens will be created. There are currently about 20 billion lumens circulating in the open market

The Stellar Development Foundation, which is a non-profit organization that supports adoption of the Stellar Lumens payment network, was created in collaboration with Stripe CEO Patrick Collison. Stripe received 2 billion lumens in return for a $3 million seed investment. 

Stellar's XLM token climbed more than 45% between June 15 and 18 as tokenized real-world assets piled onto the network. Backers pointed to newly enabled tokenized U.S. Treasuries and deepening institutional ties as the drivers behind the move.

Stellar's XLM Leads Monthly Crypto Rally With 50% Surge as Tokenized Assets Pile In

Internet Computer (ICP) fell 4.1% and Sui (SUI) dropped 4%, leading the index lower from Wednesday.

CoinDesk 20 performance update: Stellar (XLM) jumps 10% while index declines

Bitcoin

Injective

Uniswap

Stellar's XLM, Injective's INJ and Uniswap's UNI ranked among the best performers in the 100 biggest cryptocurrencies by market capitalization.

Bitcoin rallies after Japan rate increase with XLM, INJ, UNI advancing

Moneygram launched MGUSD on June 2, 2026, a U.S. dollar stablecoin built natively on the Stellar blockchain and integrated directly into the Moneygram app for self-custodial wallet access. What MGUSD Is and How It Works The stablecoin is issued by Bridge, a Stripe company that the firm describes as GENIUS Act-ready.

60 Million Moneygram Users Gain Access to a Self-Custodial Dollar via Stellar Stablecoin

Aave (AAVE), down 3.9% from Monday, was also an underperformer.

CoinDesk 20 performance update: Stellar (XLM) falls 8.4%, leading index lower

DTCC's decision to connect its tokenized securities platform to Stellar marks a new phase of institutional adoption for public blockchains.

Stellar CEO says Clarity Act would help, but tokenization isn't dependent on it

MoneyGram launched its own U.S. dollar stablecoin, MGUSD, as the payments giant deepens its push into blockchain-based global money movement. Initial U.S. Launch The stablecoin MGUSD will launch on the Stellar (CRYPTO: XLM) blockchain and will power a growing suite of digital financial services across MoneyGram's global payments infrastructure.

MoneyGram Debuts MGUSD Stablecoin For Cross-Border Payments As Stablecoins Move 'Beyond Pilots'

MoneyGram launched MGUSD, a USD stablecoin on Stellar backed by Bridge and Fireblocks, targeting 60M+ customers for cross-border payments.

MoneyGram debuts MGUSD stablecoin on Stellar for its global payments network

MGUSD, issued by Stripe's Bridge, will power services across MoneyGram's global network as stablecoins gain traction in cross-border payments.

MoneyGram launches stablecoin on Stellar, joining rush toward digital dollar payments

Binance Coin (BNB), up 7.9%, was also a top performer.

CoinDesk 20 performance update: Stellar (XLM) surges 14.1% over weekend

XLM surged past $0.27 early June 1—yielding brief 24-hour gains of 14%—before a market-wide sell-off trimmed its daily gains to 5%. Alongside Hyperliquid and TRON, XLM was one of the few top 20 digital assets to post gains on a day the aggregate market fell 1.4%.

XLM Outpaces XRP Again as Stellar Rally Nears 100% Gain Since DTCC Deal

Hyperliquid

Bitcoin and ether fell Monday after dropping in May, a month that usually sees them post positive returns. U.S. equity index futures rose.

Bitcoin, ether start June in the red while futures show taste for risk. XLM, HYPE gain

Wall Street's clearing giant chose a public blockchain with compliance tools built for regulated assets, Stellar Development Foundation CEO Denelle Dixon said.

How Stellar became part of DTCC's tokenization push for Wall Street securities onchain

DTCC and the Stellar Development Foundation plan to enable DTC-custodied assets to be tokenized on the Stellar network in the first half of 2027. The move expands DTCC's multi-chain strategy for bringing traditional market assets onto regulated digital rails. Key Takeaways: DTCC and Stellar plan DTC asset tokenization on Stellar by H1 2027.

DTCC and Stellar Target 2027 Launch for Tokenized DTC Securities

NEAR Protocol (NEAR) declined 12.2% while Bitcoin Cash (BCH) dropped 12.1%, leading the index lower.

CoinDesk 20 performance update: Stellar (XLM) jumps 10.5% as nearly all assets fall

The U.S. market infrastructure giant targets connecting tokenized stocks, ETFs and Treasuries to Stellar in the first half of 2027.

DTCC plans to bring tokenized assets to Stellar in latest Wall Street blockchain push

Stellar's new marketing chief says crypto's future hinges on long-term value creation, not hype cycles or technical jargon.

Stellar's CMO says crypto must ditch hype and “get rich slow” to win mainstream trust

Hedera (HBAR), down 0.9% since Monday, was also an underperformer.

CoinDesk 20 performance update: Stellar (XLM) drops 1.7% as index moves lower

NEAR Protocol (NEAR), down 2.9%, was also among the underperformers.

CoinDesk 20 performance update: Stellar (XLM) drops 3.4%, leading index lower

USDC

Stablecoin-based remittances are moving deeper into mainstream payments, widening access to faster cross-border transfers and digital dollar services. Moneygram's expanded Stellar partnership signals stronger momentum for blockchain infrastructure in everyday financial use. Key Takeaways: Moneygram expands USDC services to boost cross-border remittance access. Stellar enables faster, lower-cost transactions through blockchain rails.

Moneygram and Stellar Expand USDC Push Amid Stablecoin Growth

Aave (AAVE), up 1.9% from Monday, joined Stellar (XLM) as a top performer.

CoinDesk 20 performance update: Stellar (XLM) gains 3.3% while index moves lower

Hedera (HBAR) joined Stellar (XLM) as a top performer, rising 1.4% from Thursday.

CoinDesk 20 performance update: Stellar (XLM) gains 1.5%, leading index higher

Algorand

Basic Attention Token

Bitcoin Cash

Polkadot

Ethereum Classic

Ethereum

Filecoin

Hedera

Litecoin

Decentraland

Polygon

The Sandbox

Shiba Inu

Tezos

Japan's JVCEA Green List anchors crypto market expansion by enabling fast-tracked listings of more than 30 approved tokens under Financial Services Agency oversight, strengthening compliance standards while accelerating exchange access to major digital assets. Key Takeaways: JVCEA Green List spans 30+ tokens, with FSA backing enabling faster exchange listings.

Green List: Japan Anchors 30+ Crypto Tokens in Regulated Framework

Cardano

Chainlink

Volatility Shares, the company that launched the first leveraged crypto fund in the U.S., is expanding its roster to smaller digital assets

These Three Altcoins Just Got Leveraged Crypto ETFs

Aave (AAVE), up 5.8% from Tuesday, joined Stellar (XLM) as a top performer.

News for Stellar Crypto (XLM)