For the latest news about Stellar (XLM):
Stellar is moving forward with the development and adoption of smart contracts on its network via Soroban. The foundation recently launched Soroban smart contracts on the test network and allocated funds to support their adoption. This is an important development that expands the capabilities of the network and makes it more attractive to developers.
* New and expanded partnerships: Stellar continues to forge important partnerships. For example, PayPal plans to use Stellar to launch PYUSD (its USD-pegged stablecoin) for payment and transfer purposes.
Similarly, Societe Generale-Forge has launched its euro-backed stablecoin (EURCV) on the Stellar network. These partnerships enhance Stellar's position as a cross-border payment network.
* Surpassing Ripple (XRP) in transactions: In May 2025, the Stellar network surpassed its counterpart (XRP) #Ripple in terms of the number of transactions, indicating increased activity and reliance on the network.
* Continued focus on global payments: #stellar remains committed to its core goal of facilitating fast and low-cost international payments and integrating digital assets with the traditional financial system.
* Market performance: XLM has experienced volatility, but there are generally positive expectations for 2025 and beyond, supported by ongoing developments and partnerships.