Stellar partners with TopNod to expand the Asian ecosystem and accelerate the implementation of RWA applications

XLM-3,85%

BlockBeats News, February 12 — The Stellar Development Foundation (SDF) announced at Consensus Hong Kong that the next-generation non-custodial wallet TopNod has officially integrated with the Stellar network.

SDF Chief Business Officer Raja Chakravorti stated that this partnership will significantly enhance Stellar’s compliance infrastructure capabilities in Asia and emerging markets to meet the growing demand for tokenized real-world assets (RWA) and stablecoins in these regions.

TopNod provides an institutional-grade security experience with “no seed phrase” technology through Trusted Execution Environment (TEE), greatly lowering the entry barrier to Web3. This integration combines Stellar’s high throughput and low-cost advantages with TopNod’s ease of use, aiming to connect real-world finance with the digital economy and enable users worldwide to securely and conveniently take control of their financial future.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Hedera Powers 19 Live Transactions at Reserve Bank of Australia

The Reserve Bank of Australia’s Project Acacia successfully tested blockchain through 19 real transactions using Hedera technology. This initiative explores various tokenization use cases, signaling a potential shift in modernizing financial markets and enhancing efficiency.

Coinfomania14m ago

Niza Labs Taps Lava Protocol to Expand Tokenized Finance and Web3 Trading

Niza Labs has partnered with Lava Protocol to enhance tokenized finance and Web3 trading, allowing users to trade crypto and tokenized stocks seamlessly. This collaboration aims to bridge traditional and decentralized finance while ensuring user security and scalability.

BlockChainReporter18m ago

Citi Executive Outlines Vision for Seamless Global Payments

Citi is advocating for easier cross-border payments, aligning with Swift's new framework. By leveraging blockchain technologies, Citi aims to streamline international transfers, reduce costs, and enhance efficiency, signaling a shift in global finance.

Coinfomania47m ago

Why Merchants Are Switching to Crypto Payments Right Now

For a long time, mainstream businesses largely ignored crypto payments, but that has changed. Companies are increasingly looking at transactions through the lens of cost, convenience, speed, and security. Crypto doesn’t replace traditional methods but adds an extra option that can make processes eas

Coinfomania1h ago

Pi Network Eyes DEX Launch as Price Jumps 35% This Week

Pi Network news today reports that it is seeing renewed attention. As its ecosystem prepares for a major update. Over the past week, the Pi coin price has surged by more than 35%. It is driven by strong retail demand and growing excitement around upcoming upgrades. The latest momentum comes as the n

Coinfomania3h ago

Boundless becomes the largest fully decentralized ZK proof network, with a daily proof capacity of over 400 trillion computation cycles.

Boundless officially released a progress report on March 7, stating that its network is the largest decentralized ZK proof network, with throughput increased by 80-100 times, and daily proof capability exceeding 400 trillion times. At the same time, several mainstream chains such as Citrea and Wormhole have integrated with Boundless, and new positions for Vice President of Engineering and Protocol Engineer have been added.

GateNews4h ago
Comment
0/400
No comments