Stellar Dominance: Nasdaq, Visa-backed Chain with Lightyear brings Interstellar & Starlight

The 8th largest cryptocurrency is making a lot of headway as it joins hands with Nasdaq, Visa, Citigroup-backed Chain to introduce Interstellar. Meanwhile, Starlight- Lightning on Stellar will also move into gear.

Interstellar: Nasdaq, Visa-backed Chain merges with Stellar’s lightyear

Stellar is yet again in the limelight with the latest update. Lightyear Corp., a company focused on the Stellar blockchain has acquired the San-Francisco-based startup Chain. This merger will create a new company named Interstellar that will migrate the customer base and products of Chain onto the Stellar’s public ledger. This is, in turn, will create a platform that will enable the organizations to issue, manage, and exchange assets.

Adam Ludwin, the CEO of Chain shared:

Though Stellar (XLM) is down about 90% from its all-time high (ATH), today this news certainly worked in this crypto’s favor as it registered the greens while the market has been red.

Stellar is making a lot of headway in the crypto market that is rocking the space with the question if Stellar will overpower the Ripple in the near future?

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

Anjali Tyagi :Having a background in writing, I worked on a wide array of industry topics and have recently entered the world of Blockchain and Cryptocurrency.