Stellar news

The Marshall Islands has finished the first on‑chain universal basic income (UBI) disbursement, using the USDM1 dollar‑denominated sovereign bond on the Stellar blockchain. The program, called ENRA, replaces quarterly cash deliveries with digital transfers to citizens via Crossmint’s Lomalo wallet. USDM1, backed by short‑term U.S. Treasury bills and issued under New York law, is distributed through the Stellar Disbursement Platform. The move, led by the Stellar Development Foundation and Crossmint, demonstrates how blockchain can provide reliable, instant payments in a country with limited infrastructure.

Stellar (XLM) rose 1.79% to $0.256 on Tuesday, matching broader crypto gains, while trading volume jumped 37% above the 7‑day average, hinting at institutional buying. The token broke resistance at $0.2631 on a 74‑million‑token spike and then faced volume exhaustion, suggesting a pause before testing higher levels near $0.268‑$0.270.

Stellar’s native token XLM gained 2.6% to $0.25, buoyed by U.S. Bancorp's announcement of a stablecoin pilot on Stellar’s blockchain. Trading volume spiked 45% above the 24‑hour average, with a Monday surge of 38 million tokens, and XLM broke through the $0.2460 resistance and the psychological $0.25 level. Analysts see a near‑term target of $0.2556.

US Bank, one of the largest US banks, has begun actively testing stablecoin issuance on the Stellar network, signaling the platform's maturity and reliability and potentially encouraging other banks to adopt XLM. The announcement, coupled with Stellar’s X-Ray privacy upgrade, the $1B AUDD transaction milestone, and strong technical support at the $0.20 zone, suggests growing institutional activity and a potential price recovery for XLM by year‑end.

US Bancorp has begun a stablecoin pilot on the Stellar blockchain, partnering with PwC and the Stellar Development Foundation. The project aims to show how blockchain can operate in a regulated, bank‑grade setting and to unlock new digital banking capabilities. US Bank chose Stellar because it allows asset freezing and transaction unwinding, giving stronger customer protection. The bank also plans research into tokenized assets, hoping the technology’s speed and efficiency can extend to other asset classes.

US Bank is testing its own stablecoin on the Stellar blockchain in collaboration with PwC and the Stellar Development Foundation, joining other major banks like Citi and Goldman Sachs that are exploring stablecoins after the GENIUS Act was signed. The project seeks to use Stellar’s core‑layer ability to freeze or unwind transactions, positioning blockchain as an alternative payment rail and aiming to uncover customer use cases. Stellar currently hosts about $212 million in stablecoins, predominantly Circle’s USDC.

U.S. Bancorp, the country’s fifth‑largest bank, is testing its own dollar‑pegged stablecoin on the Stellar blockchain, citing Stellar’s ability to freeze assets and high uptime. The move places it among peers like Bank of America and Citi that are exploring digital assets backed by U.S. dollars or Treasuries. The bank’s new digital‑assets division aims to grow revenue from stablecoins, crypto custody, asset tokenisation and digital money movement.

U.S. Bank, the fifth-largest U.S. commercial bank, has begun testing the issuance of custom stablecoins on the Stellar network, partnering with PwC and the Stellar Development Foundation to assess whether a traditional bank can safely issue programmable money on a public blockchain. The bank cites Stellar’s built-in freeze and unwind capabilities as essential for regulatory compliance, including KYC and transaction reversibility, and highlights the broader industry trend of using stablecoins for faster, cheaper cross-border payments that could reach $1 trillion in annual volume by decade’s end.

Grayscale’s Stellar Lumens Trust (GXLM) now holds about 116.8 million XLM, a rise from 70 million before the 2024 rally, though the fund has stopped buying since early 2025. The 0.36% share of the 32 billion circulating supply is too small to sway the market, and GXLM trades 10-15% above its net asset value, reflecting a long-term, premium-valued view of XLM. In November 2025, the Blockchain Payments Consortium - led by seven major crypto firms - was launched to promote cross-chain standards and could lift XLM demand in 2026. Stellar’s RWA market hit $654 million in November, yet the network’s November performance remains weak and broader altcoin fear could keep XLM price subdued.

Nasdaq-listed solar energy storage firm Turbo Energy tapped Taurus' institutional tokenization platform and Stellar for a blockchain pilot.