XLM Price Jumps as BVNK Adds Stellar to Stablecoin Payments Platform

XLM price surged to $0.2141 following BVNK's integration of native Stellar support into its stablecoin payments platform.

The move allows businesses to use a new blockchain channel for cross-border payments, payouts, remittances, and treasury transfers without creating a separate blockchain connection or altering their current infrastructure.

BVNk currently supports over 130 markets through its API, and the Stellar connection is now available across these markets.

The platform's head of partnerships, Kimberley Mescal Julien, noted that businesses should not manage multiple blockchains separately and highlighted BVNK's low-cost channel for global payments.