
r/Stellar

Bitget Wallet to Expand Global Stablecoin Payments on Stellar
Okay, okay, the announcement is a couple of months ago. But does anyone ever read these?
" Bitget Wallet has integrated Stellar across its payment infrastructure, including crypto card, QR payments, bank transfers, and on/off-ramps, to support seamless movement between digital assets and real-world financial activity. By leveraging the Stellar network's fast settlement and low transaction costs, the collaboration aims to strengthen cross-border transfers, merchant payments, and consumer cash-out scenarios within a self-custodial wallet environment. The rollout will begin in phases, with regional availability dependent on local payment integrations. "
So Bitget Wallet does the same as Kraken, it integrates MoneyGram off-ramps ( works only whit Stellar USDC ). And a lot more besides..
Bitget Wallet Serving more than 90 million users worldwide
What about Mesh? " Mesh, the leading crypto payments network, today announced its integration with the Stellar network, establishing Stellar as a core Settlement layer across the Mesh Ecosystem and laying the groundwork for Deeper Collaboration to advance stablecoin-powered payments at a global scale. "
" Mesh has focused on scaling its infrastructure into regions such as Latin America, Asia, and Europe, fueling product development and strengthening a global network that already reaches more than 900 million users worldwide. "
Circle CCTP (Cross-Chain Transfer Protocol) is really necessary, and definitely supports these integrations.
Future of 💲 currency 💲
Making new currency in future because work would be optional in future,
so how would people buy things they love because they will neither have money not have any way to earn money because they will not have to work.Food and facilities will be free for everyone
And also the companies which works on luxory,cars etc. things will either not be manufactured or there will be no option to buy them because nothing will hold value to buy that in exchange of other value.
So we will have to create a new type of currency which is not based on labour allocation but a different thing.
Stellar Weekly Roundup — week of May 8, 2026
Bermuda announced on May 12, that it will move national payment and financial services infrastructure onto Stellar, becoming the first sovereign government to commit to a fully onchain economy. The same day, Kraken enabled USDC deposits and withdrawals on Stellar, and Normal Finance launched a self-custodial savings app routing user USDC through Blend Capital lending vaults.
National Economy on Stellar
Bermuda's government published a formal announcement on May 12 laying out a plan to reduce payment processing fees and expand financial inclusion via digital wallets and stablecoin payments on Stellar. The initiative includes modifications to Bermuda's FinTech Development Fund to support the transition.
The news drew substantial community response. The Stellar April Monthly Recap X Space, hosted by Jayrome and Raph on May 13, cited the Bermuda announcement alongside Protocol 26 and institutional adoption from State Street and Franklin Templeton as the month's headline developments.
Exchange Access and Stablecoins
Kraken announced on May 12 that it now supports USDC deposits and withdrawals on Stellar. USDC on Stellar is natively issued by Circle, meaning funds are fully reserved and transferable at sub-cent fees with near-instant settlement. The addition connects Kraken's customer base directly to Stellar's USDC rail.
DeFi and Developer Infrastructure
Normal Finance launched its self-custodial savings app on Stellar on May 11. Users deposit USDC into DeFindex vaults, which route funds into Blend Capital's lending protocol. The product carries audited smart contracts, no lockup periods, and a tiered fee starting at 0.5% on deposits.
OctoPos deployed an on-chain NAV oracle to Stellar testnet on May 12, paired with an off-chain API. The architecture lets developers choose between fast off-chain queries and trustless on-chain verification, removing the need for each wallet or protocol to maintain its own DeFi position indexer.
The May 14 Stellar Developers Meeting covered zero-knowledge group membership proofs for Soroban contracts (presented by Renat) and AI orchestration tooling including Paperclip for autonomous developer workflows (presented by Kaan). A broadcast recording is also available on X.
Hackathon Wave
Rise In launched the APAC Stellar Hackathon on May 14, spanning the Philippines, Vietnam, and Indonesia with a prize pool of up to $60,000. Three tracks are open: Local Finance and Real-World Access; DeFi and Ecosystem Composability; and Payment Consumer Applications. Workshops, AMAs, and university tours run through summer, with a Demo Day and Grand Finale in late July. Registration is open at risein.com.
Rise In also announced the Build on Stellar Hackathon at Istanbul Blockchain Week, scheduled June 2-3 in Istanbul with a community party on June 4 at Feriye. Hackathon applications are open at luma.com/dal2zw2j.
Boundless and Trustless Work ran a four-day hybrid hackathon from May 13-16 with a $1,500 prize pool. Trustless Work's Soroban escrow contracts secured the prize funds on-chain before the event opened. A kickoff X Space covering both platforms ran May 12.
Ambassador Activity
Stellar East Africa launched the Stellar GIVE Program alongside Web3Bridge, drawing over 80 builders through three phases: Impact Bootcamp, Impact Studio, and Stellar Propel. The chapter held a session at JKUAT, where students worked through Stellar's architecture and ecosystem. Shamba Records shipped MicroVault on Stellar, an on-chain lending product serving farmers and SMEs in East Africa.
Stellar Chile is in week two of its Instawards Sprint, a multi-week builder showcase hosted by chapter president Bastian. Stellar West Africa announced the winner of its Build Weekend Residency: Survvo, a platform helping companies recruit African users and collect real-world data, using Stellar for instant payouts and ZK privacy tooling.
Stellar Indonesia held a local ambassador meetup in Depok on May 10. StarMaker LATAM attended Consensus 2026 in Miami, appearing at sessions with Etherfuse and MetaMask.
Lightning Round
- EMEA 12-week accelerator: SDF announced a program for founders building on Stellar in payments, DeFi, and RWA, with a demo day at Meridian in Lisbon in October. (X Space)
- Philippines AMA: SDF, SwitchX, and Filipino Web Development Peers held a session on building on Stellar, covering payments, remittances, and asset tokenization. (X Space)
- Builder's Journey: Ash Francis, three-time Stellar Hackathon winner, discussed his projects and path to Stellar at a recorded X Space. (X Space)
- April Monthly Recap: Full-month review covering Bermuda, Protocol 26, Lumenloop, and DeFi infrastructure updates. (X Space)
- Spanish-language XLM wallet guide: Noticias Trading reviewed six wallets spanning hot wallets (Lobster, Trust Wallet, Freighter) and cold storage (Ledger, Trezor, Keypair). (YouTube)
- Bermuda community coverage: YouTube breakdown of the Bermuda onchain economy announcement from The-Blessed-Invest channel. (YouTube)
- Boundless x Trustless Work onboarding call: A welcome session for hackathon participants ran May 13. (Tweet)
Upcoming Events
- May 18 - Build on Stellar Philippines Hackathon - Online; Demo Day in Ortigas
- May 18 - CryptoMondays Cape Town: EMEA in 2026 - Cape Town
- May 18 - Weekly Brazilian Ambassador Meeting (Discord)
- May 19 - StarMaker Community Call (Discord)
- May 20 - Blockchain After Office: Morpho Edition - San José, Costa Rica
- May 20 - Stellar ConnectUs: Career Coaching for College Students - San Francisco, CA
- May 21 - Stellar Developers Meeting (YouTube/Discord)
- May 21 - The Open Deal Room by Stellar - Mexico City, Mexico
- May 21 - E.Africa Weekly Community Call (Discord)
- May 22 - Blockotá: Stellar Summer Friday v20.0 - Bogotá, Colombia
What to Watch
- The Build on Stellar Philippines Hackathon opens May 18; project registrations from Filipino builders will be visible in the days following.
- Bermuda's FinTech Development Fund modifications: the May 12 announcement named the fund as a vehicle for the onchain economy initiative, with implementation details outstanding.
- The APAC Stellar Hackathon workshop and university tour schedule: Rise In indicated events across the Philippines, Vietnam, and Indonesia through summer.
- The next Stellar Developers Meeting on May 21 will follow up on ZK group membership proofs and AI orchestration tooling introduced May 14.
- Meridian Conference cohort selection for the EMEA accelerator: no intake timeline was published, but the 12-week program runs through October.
Visit lumenloop.com for a complete ecosystem breakdown of content, news, events.
Bermuda Financial Markets — Real Scale in USD Terms
Here is a more concrete breakdown of Bermuda’s financial market footprint in U.S. dollar terms.
Key Financial Metrics of Bermuda:
Bermuda total GDP ~9 billion USD
International business & financial sector contribution ~2.1 billion USD annually
Insurance & reinsurance sector contribution to economy ~2.6 billion USD annually
Annual premiums written by Bermuda-based ABIR reinsurers ~171 billion USD
Bermuda ILS / catastrophe bond market ~50–60 billion USD
Insurance & reinsurance capital managed in Bermuda ~several hundred billion USD
Combined assets of Bermuda-registered insurers ~over 1 trillion USD
What These Numbers Actually Mean
These figures are not all the same type of money, so they cannot be perfectly added together without overlap. But if you look at the scale of institutional financial infrastructure operating through Bermuda:
Annual Risk & Insurance Flows
~171 billion USD in insurance premiums
~50–60 billion USD in ILS/catastrophe bond markets
very large collateral, treasury, and reinsurance-related capital flows
Managed Capital & Balance Sheets
over 1 trillion USD in insurance/reinsurance assets
major treasury, bond, repo, and collateral portfolios
Simplified Big Picture
If we create a rough estimate of Bermuda’s overall financial market footprint:
Annual insurance/risk flows ~171 billion USD
ILS / catastrophe bond market ~55 billion USD
Managed insurance assets ~1 trillion+ USD
Rough Combined Scale
≈ 1.2–1.3 trillion USD
This does not mean Bermuda’s domestic economy is worth a trillion dollars. It means that around Bermuda’s legal, insurance, and financial infrastructure, roughly trillion-dollar-scale institutional capital is managed or routed.
That is why Bermuda matters far more than many people realize:
it is not financially “a small island,”
but one of the world’s most important hubs for risk transfer, reinsurance, and institutional collateral infrastructure.
It's not just buying a cup of coffee with a digital wallet. It's a huge market that Stellar is starting to tokenize.
Interesting on-chain ephemeral messaging concept built on Soroban — thoughts on the contract design?
Came across a project that uses Soroban for something beyond simple tokens — an on-chain ephemeral messenger called XPENV. I’m not affiliated, just thought the contract design was worth discussing.
How it works:
- Fully serverless: static frontend talks directly to a Soroban smart contract. Identity is just your Stellar public key (e.g., Freighter wallet).
- Sending and reading each cost a small XLM fee, which makes spam economically impractical.
- A portion of the read fee goes to the original sender, so reading is incentivised — interesting incentive loop.
- Messages can carry small attachments (up to ~26 KB) and can be paywalled: the recipient pays to decrypt/unlock, or you can attach a payment request.
- Messages are ephemeral — they expire from the contract after a chosen deadline, and the UI deliberately clears content after a few minutes. Nothing is stored locally.
Feels like a neat showcase of what Soroban smart contracts can enable beyond basic payments — trustless, paid, self-deleting communication using XLM as both gas and the value rail. Could be relevant for paid newsletters, selling micro digital goods, or private pings.
I’m curious what the Stellar dev community thinks about the contract design. Are there any obvious pitfalls with on-chain messaging like this? How would you improve the expiry mechanism or fee distribution?
(If anyone wants to see the implementation, you can search for “xpenv” — I’ll drop the link only if someone asks, to avoid breaking rule #5.)
Editing the publication, adding the website link: xpenv.com
Documentation official on site
Won't be long now
Stellar going to take this world by storm. Pieces are being placed, board is being set.
Many people going to be sitting in workstations, wondering why the hell they didn't invest in XLM is when it was trading for less than a dollar. While those privileged few who saw the innovation in this technology are struggling to find the right color for their next space ship.
Imagine buying BTC under a dollar, Tesla, Gamestop and selling it anywhere near the apex.
XLM is linking the world's financial systems together with remittance rails in over 190 countries. This is a matter of when not if this project is going to erupt.
Nay sayers have sidelined stellar claiming it's old, obsolete, weak price action is justified, it's just an XRP rip off.
Stellar is an industry leader and is connecting the world on chain. And is only coin out there recognized by Goverment Entities and NGOs alike.
Read the room people, XLM is the future.