according to the website materials - By Crypto News Flash
The built-in Telegram crypto wallet, already available to over 100 million people worldwide, announced on X its support for Stellar (XLM). This means users can instantly send and receive XLM without leaving Telegram.
For Stellar, this is yet another integration that could become one of the most significant milestones in adoption to date.
Sending money on Stellar is now as easy as sending a sticker. It can be a tip to a friend, settling a small debt, or making cross-border payments. Telegram users can transfer XLM in seconds with virtually no fees. Telegram is breaking down the barrier between messaging and finance by embedding Stellar into everyday communication.
Furthermore, this is critically important for developing economies where remittances, mobile banking, and access to affordable financial tools are crucial. Sending money home through traditional providers often incurs a fee of 5–10%, but with the advent of XLM in Telegram, the same transfers cost migrant workers just a fraction of a cent.
In today's world, some people do not even have bank accounts, yet they use Telegram daily; soon sending money may become as simple as messaging relatives. Small businesses can also benefit from this, as they can receive international payments directly without intermediaries and lengthy delays.
Africa, Latin America, and Southeast Asia are regions where mobile apps already serve as the primary channel for accessing financial services, and they stand to gain the most influence, making Stellar in Telegram a powerful equalizer.
And while other platforms are testing their strengths: WhatsApp with fiat payments in Brazil and India, WeChat with its tightly regulated 'super app' model in China, and a brief experiment by Signal with MobileCoin, Telegram is moving faster and bolder in terms of mass adoption of cryptocurrencies.
Just last month, Telegram expanded its presence in the cryptocurrency space in the US, launching a self-service TON Wallet, giving 87 million American users access to DeFi applications, stablecoin payments, and commission-free USDT deposits and withdrawals. Adding Stellar only strengthens Telegram's ambitions to become a super app for cryptocurrencies.
The United Nations Development Programme (UNDP) is enhancing its blockchain accelerator for the Sustainable Development Goals (SDGs) by bringing in two new partners: Stellar Development Foundation (SDF) and FLock.io. They will join forces with initial sponsors, Blockchain for Good Alliance (BGA) and EMURGO Labs, to conduct a series of global SDG Blockchain hackathons at the end of this year, scheduled to take place from August to September 2025.
The Stellar Development Foundation recently announced investments in Archax, a UK-regulated digital asset exchange, marking a strategic step towards wider adoption of real asset tokenization in the Stellar blockchain. Last week, we reported the launch of Stellar on the Intents platform of the NEAR protocol, which will allow users to exchange assets from over 20 different blockchains directly for Stellar USDC without any intermediaries.
The native Stellar token XLM has shown a short-term decline, dropping 3.43% last week to around $0.3851. However, analysts remain optimistic. Some expect potential growth to the range of $0.50–$0.55 if support holds until September. Others, like crypto-analyst Ali Martinez, suggest that 'Stellar $XLM still needs one more drop before breaking the $1 mark!'
#MarketRebound #Сryptomarketnews
Dear readers! Among you are many people who have enough time for independent monitoring of the information agenda of the crypto market and the world of finance. So, subscribing to 'our news feed' is usually utilized by those of you who find it much more convenient to read all the most interesting updates in the financial and cryptocurrency news agenda in one group, rather than monitoring about twenty information sites and print publications (where we have already conducted this monitoring for you)!!! As they say, 'to each their own'. 😀
We hope you enjoy your viewing! Your reaction to the news you've read is the best reward for us!!!
😉