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XLM Price Hits $0.20 as Tether's USDT0 Token Launches on Stellar

Guavy AI Editorial Team
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The XLM cryptocurrency price has reached $0.20 once again, having gained 1.45% after its low in August near $0.155.

The price movement is partly due to the recent launch of Tether's USDT0 token on Stellar's payment-centric network.

This addition expands Stellar's stablecoin offering and provides more liquidity options for users, including international payments, transferring funds between financial applications, and company settlements.

However, breaking through the $0.20 barrier has been a challenge for XLM in its past rallies, with some experts warning that it may not be enough to suggest a potential rally ahead.

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