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Stellar Dev Digest: Issue #70

How SDF Sees the STABLE Act, Enterprise Fund page, and a new Stellar Podcast episode.

Hey everyone! Welcome to another issue of the Stellar Dev Digest, a weekly recap of all things related to the development of the Stellar Network.

What is Stellar? Stellar is a platform that connects banks, payment systems, and people. Integrate to move money quickly, reliably, and at almost no cost.

News & Posts of the Week

  • On Sunday, November 29, the SDF became aware of a phishing attempt that reached some members of the Stellar community. We alerted the community and began an investigation into the source of this attack. — Here’s what we know so far.
  • SDF’s CEO, Denelle Dixon, penned a response to the STABLE Act, which introduces new (questionable) legislation on stablecoins.— Read the response here.
  • SDF’s Enterprise Fund now has its own page on Stellar.org. — Check it out here.
  • Amit Sharma, CEO of FinClusive, and Candace Kelly, SDF’s General Counsel, collaborated to share their thoughts on driving financial inclusion through compliance. — Read the op-ed here.
  • LOBSTR has added support for Unstoppable Domains! You can now send and receive XLM and other Stellar tokens using .crypto domains. — See the announcement.

Application of the Week

This week I’m featuring USDC — a U.S. Dollar stablecoin!

For those unfamiliar: USDC is a stablecoin developed by the Centre Consortium, a collaboration between Circle Internet Financial (Circle) and Coinbase. It’s issued by regulated financial institutions, it’s fully backed by reserve assets, and it’s redeemable on a 1:1 basis for US dollars.

Since we announced that USDC was coming to Stellar, we’ve received a few questions from the community. To answer these questions, we released a USDC FAQ today, which addresses technical and high level questions alike.

Read the full USDC FAQ here.

Releases and Updates

Stellar Core v15.1.0 was released two weeks ago and includes a number of stability improvements — we recommend upgrading. Find the full release notes here.

Horizon v1.12.0 was also released two weeks ago and includes many Captive Core improvements and fixes. Find the full release notes here.

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Active Discussions

💬 Last week Tyler and I hosted a live episode of The Stellar Podcast!

We reflected on the news over the past couple of months including the success of Stellar Quest, Meridian 2020, the launch of Protocol 15, and more. You can listen to the episode below:

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Did I Miss Something?

If you found that something from this issue is missing or inaccurate reach out to me (kolten) on Keybase and I’ll make sure to fix it 👍

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