{"id":6566,"date":"2019-03-18T20:49:41","date_gmt":"2019-03-18T18:49:41","guid":{"rendered":"https:\/\/forklog.media\/?p=6566"},"modified":"2019-03-19T07:50:33","modified_gmt":"2019-03-19T05:50:33","slug":"stellar-lumens-xlm-now-available-across-all-coinbase-platforms","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/stellar-lumens-xlm-now-available-across-all-coinbase-platforms\/","title":{"rendered":"Stellar Lumens (XLM) Now Available Across All Coinbase Platforms, Price Boosted by IBM Announcement"},"content":{"rendered":"<p>Popular U.S. cryptocurrency exchange Coinbase has announced it now supports Stellar Lumens (XLM) across all its platform, including Coinbase. com as well as Android and iOS apps.<!--more--><\/p>\n<p>According to the company, XLM will be available for customers in most jurisdictions, but will not initially be available for residents of the United Kingdom or the state of New York.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\">XLM is now live at <a href=\"https:\/\/t.co\/bCG11KveHS\">https:\/\/t.co\/bCG11KveHS<\/a> and in the Coinbase iOS and Android apps. Coinbase customers can log in now to buy, sell, convert, send, receive, or store XLM. <a href=\"https:\/\/t.co\/YSIYNPO4JP\">https:\/\/t.co\/YSIYNPO4JP<\/a><\/p>\n<p>\u2014 Coinbase (@coinbase) <a href=\"https:\/\/twitter.com\/coinbase\/status\/1107700368710918145?ref_src=twsrc%5Etfw\">March 18, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong>\u201cStellar aims to connect banks, payment systems and individuals quickly and reliably. Since its launch in 2014, its vision has been to unite the world\u2019s financial infrastructure so that money can flow quickly and cheaply between banks, businesses, and people. The Internet connected the world\u2019s computers so that information could be shared globally. Stellar aims to do the same for money,\u201d<\/strong> says the announcement.<\/p><\/blockquote>\n<p>Last week, on March 13, Stellar became the latest cryptocurrency to be listed on Coinbase\u2019s professional exchange, <a href=\"https:\/\/blog.coinbase.com\/stellar-lumens-xlm-is-launching-on-coinbase-pro-d5a12c869ccd\" target=\"_blank\" rel=\"noopener\">Coinbase Pro<\/a>.<\/p>\n<p>Coinbase Pro first announced it was considering XLM last December, when the exchange identified more than 30 digital assets it was looking into supporting. Since its initial announcement, the platform has added support for Civic, District0x, Loom Network, Decentraland, XRP, Dai, Golem and Zilliqa.<\/p>\n<p>Stellar project was started by Ripple co-founder Jed McCaleb, with its native cryptocurrency Lumens aimed at being part of a low-cost payment network.<\/p>\n<p>Earlier today, American multinational information technology giant IBM has announced official launch of Blockchain World Wire, its payments network based on the Stellar protocol, and has already signed six international banks to launch their own stablecoins on the network. IBM Blockchain World Wire was first <a href=\"https:\/\/u1f987.com\/en\/ibm-introduces-near-real-time-blockchain-payment-network-based-on-stellar-protocol\/\" target=\"_blank\" rel=\"noopener\">introduced<\/a> in September 2018.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\">Today, <a href=\"https:\/\/twitter.com\/hashtag\/IBM?src=hash&amp;ref_src=twsrc%5Etfw\">#IBM<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Blockchain?src=hash&amp;ref_src=twsrc%5Etfw\">#Blockchain<\/a> World Wire has enabled payment locations in 72 countries, with 47 currencies and 44 banking endpoints. Learn more @ <a href=\"https:\/\/t.co\/1fzjo2xvjg\">https:\/\/t.co\/1fzjo2xvjg<\/a> <a href=\"https:\/\/t.co\/7aimeRPPw7\">pic.twitter.com\/7aimeRPPw7<\/a><\/p>\n<p>\u2014 IBM Blockchain (@IBMBlockchain) <a href=\"https:\/\/twitter.com\/IBMBlockchain\/status\/1107673138916147207?ref_src=twsrc%5Etfw\">March 18, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to IBM, the service is available to 72 countries and 47 currencies, with 44 banking endpoints and more than 1,081 unique currency trading pairs.<\/p>\n<blockquote><p><strong>\u201cTwo financial institutions transacting together agree to use a stable coin, central bank digital currency or other digital asset as the bridge asset between any two fiat currencies. The digital asset facilitates the trade and supplies important settlement instructions,\u201d <\/strong>the company explains, adding:<strong> \u201cFor those preferring to avoid the use of digital currencies, IBM also provides alternative settlement methods.\u201d.<\/strong><\/p><\/blockquote>\n<p>So far three of the banks have been identified \u2013 Philippines-based RCBC, Brazil\u2019s Banco Bradesco, and Bank Busan of South Korea \u2013 the rest, which are soon to be named, will offer digital versions of euros and Indonesian rupiah, \u201cpending regulatory approvals and other reviews,\u201d IBM said.<\/p>\n<blockquote><p><strong>\u201cAs more stable coins come on board, the whole notion of FX changes over time. We are working very hard to expand the ecosystem of stable coins that will include many more banks and many more fiat currencies \u2013 so digital representations of fiat currencies \u2013 and even, eventually, the central bank issued digital currencies,\u201c<\/strong> said Jesse Lund, the VP of blockchain and digital currencies at IBM.<\/p><\/blockquote>\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/G_NRgpcRKUA\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>Stellar (XLM) immediately spiked following today\u2019s announcements, climbing from a low of $0.108 earlier today up to a high of $0.113, as of writing. Overall, XLM has gained almost four percent against USD as the cryptocurrency trading volume is growing as well.<\/p>\n<p><a href=\"https:\/\/u1f987.com\/en\/wp-content\/uploads\/2019\/03\/xlm-190318.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-6575\" src=\"https:\/\/u1f987.com\/en\/wp-content\/uploads\/2019\/03\/xlm-190318.png\" alt=\"Stellar Lumens (XLM) Now Available Across All Coinbase Platforms, Price Boosted by IBM Announcement\" width=\"820\" height=\"443\" srcset=\"https:\/\/u1f987.com\/en\/wp-content\/uploads\/2019\/03\/xlm-190318.png 1335w, https:\/\/u1f987.com\/en\/wp-content\/uploads\/2019\/03\/xlm-190318-300x162.png 300w, https:\/\/u1f987.com\/en\/wp-content\/uploads\/2019\/03\/xlm-190318-768x415.png 768w, https:\/\/u1f987.com\/en\/wp-content\/uploads\/2019\/03\/xlm-190318-1024x553.png 1024w, https:\/\/u1f987.com\/en\/wp-content\/uploads\/2019\/03\/xlm-190318-470x254.png 470w\" sizes=\"auto, (max-width: 820px) 100vw, 820px\" \/><\/a><\/p>\n<p>Follow ForkLog on <span style=\"text-decoration: underline;\"><a href=\" https:\/\/twitter.com\/forklog_en\/\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a><\/span> and <span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.facebook.com\/forklogen\/\" target=\"_blank\" rel=\"nofollow noopener\"> Facebook<\/a><\/span>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Popular U.S. cryptocurrency exchange Coinbase has announced it now supports Stellar Lumens (XLM) across all its platform, including Coinbase. com as well as Android and iOS apps.<\/p>\n","protected":false},"author":1,"featured_media":6583,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"human_written","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[138,68,243],"class_list":["post-6566","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-coinbase","tag-ibm","tag-stellar"],"aioseo_notices":[],"amp_enabled":true,"views":"169","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/6566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=6566"}],"version-history":[{"count":8,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/6566\/revisions"}],"predecessor-version":[{"id":6576,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/6566\/revisions\/6576"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/6583"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=6566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=6566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=6566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}