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Stellar Development Foundation publishes roadmap for 2021

  • Stellar presented a work plan for the next twelve months

  • Blockchain developers Stellar will focus on popularizing the platform

  • Stellar blockchain became the basis for the development of stablecoins and CBDC

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Stellar Development Foundation presented an updated roadmap for 2021. In the next twelve months, the company will focus on three areas.

User trust is the top priority for 2021

Stellar Development Foundation ...

The Stellar Development Foundation presented a roadmap for 2021, which outlined three main areas of work for the next twelve months:

  • Maintain the reliability and usability of Stellar; 
  • Make blockchain a platform that people know and trust;
  • Promote and develop sustainable Stellar use cases for international payments and protective assets.

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As explained in the company, SDF will attract and support new partners and validators for Stellar. This will help increase the scalability, security and reliability of the network, as well as expand use cases and increase the degree of decentralization..

“Developers of Stellar-based applications can submit ideas for how to improve integration processes and share thoughts on how Horizon and Stellar will help them in their work. We will continue to work with the ecosystem on multiple fronts to ensure we meet the technical requirements of all use cases. We will also create additional easy-to-use tools, content and documentation that will simplify the integration of anchors, wallets and securitized asset platforms on Stellar, ”the company explained..

The company will also focus on marketing activities that will popularize Stellar solutions among users. In addition, the developers will focus on expanding payment solutions and launch several new payment corridors to increase the number of transactions processed..

“We will open at least 4 new payment corridors. This will not only increase the number of transactions by 5 times, but also open up global access to financial services, such as transferring US dollars, savings, investing in securities and other tokenized assets, ”the company assures.

The implementation of three goals is designed for a year.

Stellar blockchain became the basis for stablecoins and CBDC

Stellar Development Foundation ...

In addition to the implementation of these goals, the company’s developers will focus on working with government agencies and issuers of stemcoins. Earlier, BeInCrypto reported that Bankhaus von der Heydt (BVDH), one of the oldest banks in Europe, has launched a stablecoin based on the Stellar blockchain together with Bitbond. Also, the Ministry of Digital Transformation of Ukraine and SDF signed a Memorandum of Understanding, which states that the parties intend to create an ecosystem of digital assets and the national digital currency of Ukraine.

Such support from government institutions can lead to a rapid growth of the XLM token, the price of which has already increased by almost 150%. The project is now ranked ninth in the ranking of cryptocurrencies with a market capitalization of $ 6.4 billion.

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