{"id":463260,"date":"2021-05-06T22:36:33","date_gmt":"2021-05-06T22:36:33","guid":{"rendered":"https:\/\/uniquehot.com\/?p=463260"},"modified":"2021-05-06T22:36:33","modified_gmt":"2021-05-06T22:36:33","slug":"stellar-to-power-visas-partnership","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/stellar-xlm\/stellar-to-power-visas-partnership\/","title":{"rendered":"Stellar To Power VISA\u2019s New Partnership, XLM Begins Breakout"},"content":{"rendered":"<p><a href=\"https:\/\/uniquehot.com\/analysis\/btc\/bitcoin-btc-could-surge-above-58k\/\">Stellar follows the general market sentiment with green indicators across the board<\/a>. XLM\u2019s price seems to be positively reacting to the increase in USD Coin (USDC) liquidity on top of its blockchain. Additionally, the Stellar Development Foundation (SDF) made a potential groundbreaking announcement.<\/p>\n<p>Alongside VISA, Tala, and Circle, one of the companies behind <a href=\"https:\/\/uniquehot.com\/news\/is-usdcs-billion-dollar-growth-a-sign-crypto-smart-money-is-ditching-tether\/\">USDC<\/a>, the cooperation aims to provide access to digital assets in emerging markets. Initially, Tala will enable unbanked users to access this stablecoin in a digital wallet.<\/p>\n<p>Thus, they will be able to make cross-border transactions and access fiat to crypto services. In addition, Visa will issue cards with funds linked to the wallet. In doing so, these users will have the capacity to spend their crypto balance in over 70 million merchants around the world.<\/p>\n<p><a href=\"https:\/\/uniquehot.com\/news\/visa-to-enable-bitcoin-purchase-says-ceo-al-kelly\/\">Visa has doubled down on their crypto strategy in 2021 and seems like more integrations are to come.<\/a> The company is exploring new ways to leverage digital assets in its payment platform. The head of Visa\u2019s crypto department, Cuy Sheffield, said the following:<\/p>\n<blockquote><p>(\u2026) we&#8217;ve been really interested to see how they could have the potential to help consumers in markets where they don&#8217;t have great access to financial services.<\/p><\/blockquote>\n<p>Shivani Siroya, Tala\u2019s CEO, claimed that their main goal is for people to send remittances at a low cost. The Santa Monica-based company has clients in Mexico, Kenya, India, and other countries in the Asian continent. The cooperation with the SDF, Visa, and Circle is Tala\u2019s first jump into the crypto space. SDF\u2019S CEO, Denelle Dixon, said the following on the <a href=\"https:\/\/twitter.com\/DenelleDixon\/status\/04233733\" target=\"_blank\" rel=\"nofollow\">cooperation<\/a>:<\/p>\n<blockquote><p>By working with innovators like Tala mobile, Visa, Circle who share our vision that financial inclusion is a right, not a privilege, we can bring the benefits of tech to emerging markets &amp; take a step closer to our mission of equitable access to the global financial system!<\/p><\/blockquote>\n<h2>Stellar (XLM) On A Bullish Trajectory<\/h2>\n<p>Stellar Lumen native token <a href=\"https:\/\/uniquehot.com\/news\/stellar\/stellar-leads-crypto-gains-as-xlm-rallies-by-49-pullback-ahead\/\">XLM<\/a> seems to be positively reacting to this announcement. At the time of writing, XLM trades at $0,65 with a 13.4% rally in the daily chart. In the higher timeframes, the cryptocurrency seems more bullish with a 31.7% and 23.4% rally.<\/p>\n<figure id=\"attachment_463265\" aria-describedby=\"caption-attachment-463265\" style=\"width: 860px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-463265 size-large\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/05\/Stellar-XLM-XLMUSDT.png?resize=860%2C424\" alt=\"Stellar XLM XLMUSDT\" width=\"860\" height=\"424\"><figcaption id=\"caption-attachment-463265\" class=\"wp-caption-text\">XLM moving sideways in the daily chart. Source:<a href=\"https:\/\/www.tradingview.com\/symbols\/XLMUSDT\/\" target=\"_blank\" rel=\"nofollow\"> XLMUSDT Tradingview<\/a><\/figcaption><\/figure>\n<p>Trader Pentoshi took the opportunity to take a long position. The operator believes XLM\u2019s rally has gone unnoticed after it managed to break out of its 680-day range. Pentoshi <a href=\"https:\/\/twitter.com\/Pentosh1\/status\/18383877\" rel=\"nofollow\">added<\/a> the following:<\/p>\n<blockquote><p>XLM beginning its breakout. There\u2019s little to no resistance built because of the inefficiencies on the moves shown. Probably goes higher than people think because of the 680-day range. Holders outperform traders.<\/p><\/blockquote>\n<p>The trader expects <a href=\"https:\/\/uniquehot.com\/news\/could-the-eu-use-stellar-lumens-to-issue-its-cbdc\/\">XLM to reach a new high in the short term<\/a> and added: \u201cWhen something breaks out of a multi-year range. It tends to go much higher than people think\u201d.<\/p>\n<figure id=\"attachment_463264\" aria-describedby=\"caption-attachment-463264\" style=\"width: 860px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-463264 size-large\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/05\/XLM-Stellar-Lumens.jpg?resize=860%2C538\" alt=\"XLM Stellar Lumens\" width=\"860\" height=\"538\"><figcaption id=\"caption-attachment-463264\" class=\"wp-caption-text\">XLM breaking multi-year range. Source: Pentoshi<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Stellar follows the general market sentiment with green indicators across the board. XLM\u2019s price seems to be positively reacting to the increase in USD Coin (USDC) liquidity on top of its blockchain. Additionally, the Stellar Development Foundation (SDF) made a potential groundbreaking announcement. Alongside VISA, Tala, and Circle, one of the companies behind USDC, the cooperation aims to provide access to digital assets in emerging markets. Initially, Tala will enable unbanked users to access this stablecoin in a digital wallet. Thus, they will be able to make cross-border transactions and access fiat to crypto services. In addition, Visa will issue cards with funds linked to the wallet. In doing so, these users will have the capacity to spend their crypto balance in over 70 million merchants around the world. Visa has doubled down on their crypto strategy in 2021 and seems like more integrations are to come. The company is exploring new ways to leverage digital assets in its payment platform. The head of Visa\u2019s crypto department, Cuy Sheffield, said the following: (\u2026) we&#8217;ve been really interested to see how they could have the potential to help consumers in markets where they don&#8217;t have great access to financial services. Shivani Siroya, Tala\u2019s CEO, claimed that their main goal is for people to send remittances at a low cost. The Santa Monica-based company has clients in Mexico, Kenya, India, and other countries in the Asian continent. The cooperation with the SDF, Visa, and Circle is Tala\u2019s first jump into the crypto space. SDF\u2019S CEO, Denelle Dixon, said the following on the cooperation: By working with innovators like Tala mobile, Visa, Circle who share our vision that financial inclusion is a right, not a privilege, we can bring the benefits of tech to emerging markets &amp; take a step closer to our mission of equitable access to the global financial system! Stellar (XLM) On A Bullish Trajectory Stellar Lumen native token XLM seems to be positively reacting to this announcement. At the time of writing, XLM trades at $0,65 with a 13.4% rally in the daily chart. In the higher timeframes, the cryptocurrency seems more bullish with a 31.7% and 23.4% rally. Trader Pentoshi took the opportunity to take a long position. The operator believes XLM\u2019s rally has gone unnoticed after it managed to break out of its 680-day range. Pentoshi added the following: XLM beginning its breakout. There\u2019s little to no resistance built because of the inefficiencies on the moves shown. Probably goes higher than people think because of the 680-day range. Holders outperform traders. The trader expects XLM to reach a new high in the short term and added: \u201cWhen something breaks out of a multi-year range. It tends to go much higher than people think\u201d.<\/p>\n","protected":false},"author":535,"featured_media":460392,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16891],"tags":[3970,12220,79498],"class_list":["post-463260","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stellar-xlm","tag-stellar","tag-xlm","tag-xlmusdt"],"acf":[],"yoast_head":"\n<title>Stellar To Power VISA\u2019s New Partnership, XLM Begins Breakout<\/title>\n<meta name=\"description\" content=\"Stellar follows the general market sentiment with green indicators across the board. 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XLM\u2019s price seems to be positively reacting to the increase in USD\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/stellar-xlm\/stellar-to-power-visas-partnership\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-06T22:36:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/04\/Stellar-Lumens-XLM-XLMUSDT.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"650\" \/>\n\t<meta property=\"og:image:height\" content=\"441\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Reynaldo Marquez\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@rl_m\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Reynaldo Marquez\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/uniquehot.com\/news\/stellar-xlm\/stellar-to-power-visas-partnership\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/stellar-xlm\/stellar-to-power-visas-partnership\/\"},\"author\":{\"name\":\"Reynaldo Marquez\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/6b25e0bbb04d6129ebb4d\"},\"headline\":\"Stellar To Power VISA\u2019s New Partnership, XLM Begins Breakout\",\"datePublished\":\"2021-05-06T22:36:33+00:00\",\"dateModified\":\"2021-05-06T22:36:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/stellar-xlm\/stellar-to-power-visas-partnership\/\"},\"wordCount\":498,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/stellar-xlm\/stellar-to-power-visas-partnership\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/04\/Stellar-Lumens-XLM-XLMUSDT.jpg?fit=650%2C441\",\"keywords\":[\"stellar\",\"XLM\",\"xlmusdt\"],\"articleSection\":[\"Stellar\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/stellar-xlm\/stellar-to-power-visas-partnership\/\",\"url\":\"https:\/\/uniquehot.com\/news\/stellar-xlm\/stellar-to-power-visas-partnership\/\",\"name\":\"Stellar To Power VISA\u2019s New Partnership, XLM Begins Breakout\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/stellar-xlm\/stellar-to-power-visas-partnership\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/stellar-xlm\/stellar-to-power-visas-partnership\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/04\/Stellar-Lumens-XLM-XLMUSDT.jpg?fit=650%2C441\",\"datePublished\":\"2021-05-06T22:36:33+00:00\",\"dateModified\":\"2021-05-06T22:36:33+00:00\",\"description\":\"Stellar follows the general market sentiment with green indicators across the board. 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His journey began with translating articles for various crypto news outlets, a role he took on with zeal. In 2018, amidst a challenging market, he embraced his first writing assignment, demonstrating his unwavering commitment to the nascent industry and the promise of change it bears for many people worldwide. In March 2021, he joined the prestigious crypto news outlet NewsBTC and Bitcoinist, where he not only reported on the latest crypto news but also had the privilege of interviewing some of the industry's most influential figures. A year later, his dedication and hard work were recognized, and he was promoted to Managing Editor, a position he currently holds with pride. He believes in honesty, good communication, hard work, and the power of cryptocurrency and its potential to transform people's lives, especially those alienated by the legacy financial system. Born in 1992 in Venezuela, Reynaldo is familiar with how governments and central banks can negatively affect people, their everyday lives, and their futures by creating inflation and erasing their hopes for a better future. Thus, like many Venezuelans, he embraced this new technology to help him and his family navigate difficult times. In another life, Reynaldo would have pursued a career as an investigator, most likely tracking down the origins of the Cyberpunk movement with the publication of William Gibson\u2019s \u2018Neuromancer.\u2019 The intersection between fiction and reality, with the materialization of Bitcoin in 2009, would have allowed him to dive deep into the crypto sphere as something more than a financial phenomenon but also a cultural shift in society that was brewing since the XX century, and maybe even sooner, in the XIX century with the publication of Henry David Thoreau\u2019s \u2018Civil Disobedience.\u2019 But that\u2019s for another life. In this one, Reynaldo has been trading to improve his trading skills. Since 2023, he has been trying to learn Python to create successful strategies and find ways to execute them. It is a difficult task, which continues to keep him busy today and will most likely continue to keep him busy in the near and long term. In his free time, he enjoys lifting heavy objects, reading, watching movies, and listening to his favorite music. Some of his favorite authors are Walt Whitman, William Faulkner, Allen Ginsberg, James Baldwin, Raymond Carver, Ray Bradbury, George Orwell, Mario Vargas Llosa, Reinaldo Arenas, Rafael Cadenas, and many others. Lately, he has been primarily interested in reading about dystopic societies, a topic that deeply resonates with the crypto industry. Since 2023, he has lived in Spain with his wife. He loves the weather, the food, and the people and their culture. They both expect to travel much more within the country they now call home and beyond its border. He hopes to retire with his wife, maybe in a quiet place near a beach, but most likely in a city close to a library and a university with his kids and, hopefully, grandkids.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/reynaldo-mrquez-2ab111190\/\",\"https:\/\/x.com\/rl_m\"],\"url\":\"https:\/\/uniquehot.com\/author\/reynaldomarquez\/\"}]}<\/script>\n","yoast_head_json":{"title":"Stellar To Power VISA\u2019s New Partnership, XLM Begins Breakout","description":"Stellar follows the general market sentiment with green indicators across the board. 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His journey began with translating articles for various crypto news outlets, a role he took on with zeal. In 2018, amidst a challenging market, he embraced his first writing assignment, demonstrating his unwavering commitment to the nascent industry and the promise of change it bears for many people worldwide. In March 2021, he joined the prestigious crypto news outlet NewsBTC and Bitcoinist, where he not only reported on the latest crypto news but also had the privilege of interviewing some of the industry's most influential figures. A year later, his dedication and hard work were recognized, and he was promoted to Managing Editor, a position he currently holds with pride. He believes in honesty, good communication, hard work, and the power of cryptocurrency and its potential to transform people's lives, especially those alienated by the legacy financial system. Born in 1992 in Venezuela, Reynaldo is familiar with how governments and central banks can negatively affect people, their everyday lives, and their futures by creating inflation and erasing their hopes for a better future. Thus, like many Venezuelans, he embraced this new technology to help him and his family navigate difficult times. In another life, Reynaldo would have pursued a career as an investigator, most likely tracking down the origins of the Cyberpunk movement with the publication of William Gibson\u2019s \u2018Neuromancer.\u2019 The intersection between fiction and reality, with the materialization of Bitcoin in 2009, would have allowed him to dive deep into the crypto sphere as something more than a financial phenomenon but also a cultural shift in society that was brewing since the XX century, and maybe even sooner, in the XIX century with the publication of Henry David Thoreau\u2019s \u2018Civil Disobedience.\u2019 But that\u2019s for another life. In this one, Reynaldo has been trading to improve his trading skills. Since 2023, he has been trying to learn Python to create successful strategies and find ways to execute them. It is a difficult task, which continues to keep him busy today and will most likely continue to keep him busy in the near and long term. In his free time, he enjoys lifting heavy objects, reading, watching movies, and listening to his favorite music. Some of his favorite authors are Walt Whitman, William Faulkner, Allen Ginsberg, James Baldwin, Raymond Carver, Ray Bradbury, George Orwell, Mario Vargas Llosa, Reinaldo Arenas, Rafael Cadenas, and many others. Lately, he has been primarily interested in reading about dystopic societies, a topic that deeply resonates with the crypto industry. Since 2023, he has lived in Spain with his wife. He loves the weather, the food, and the people and their culture. They both expect to travel much more within the country they now call home and beyond its border. He hopes to retire with his wife, maybe in a quiet place near a beach, but most likely in a city close to a library and a university with his kids and, hopefully, grandkids.","sameAs":["https:\/\/www.linkedin.com\/in\/reynaldo-mrquez-2ab111190\/","https:\/\/x.com\/rl_m"],"url":"https:\/\/uniquehot.com\/author\/reynaldomarquez\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Stellar To Power VISA\u2019s New Partnership, XLM Begins Breakout","url":"http:\/\/uniquehot.com\/news\/stellar-xlm\/stellar-to-power-visas-partnership\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/stellar-xlm\/stellar-to-power-visas-partnership\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/04\/Stellar-Lumens-XLM-XLMUSDT.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/04\/Stellar-Lumens-XLM-XLMUSDT.jpg?fit=650%2C441"},"articleSection":"Stellar","author":[{"@type":"Person","name":"Reynaldo Marquez"}],"creator":["Reynaldo Marquez"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["stellar","xlm","xlmusdt"],"dateCreated":"2021-05-06T22:36:33Z","datePublished":"2021-05-06T22:36:33Z","dateModified":"2021-05-06T22:36:33Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Stellar To Power VISA\\u2019s New Partnership, XLM Begins Breakout\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/stellar-xlm\\\/stellar-to-power-visas-partnership\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/stellar-xlm\\\/stellar-to-power-visas-partnership\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2021\\\/04\\\/Stellar-Lumens-XLM-XLMUSDT.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2021\\\/04\\\/Stellar-Lumens-XLM-XLMUSDT.jpg?fit=650%2C441\"},\"articleSection\":\"Stellar\",\"author\":[{\"@type\":\"Person\",\"name\":\"Reynaldo Marquez\"}],\"creator\":[\"Reynaldo Marquez\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"stellar\",\"xlm\",\"xlmusdt\"],\"dateCreated\":\"2021-05-06T22:36:33Z\",\"datePublished\":\"2021-05-06T22:36:33Z\",\"dateModified\":\"2021-05-06T22:36:33Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2021\/04\/Stellar-Lumens-XLM-XLMUSDT.jpg?fit=650%2C441","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/463260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/535"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=463260"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/463260\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/460392"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=463260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=463260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=463260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}