We covered Stellar Lumens (XLM) recently and wondered if someday it could compete with Ripple (XRP) similar to a Visa – Mastercard – American Express situation. With Ripple partnering with American Express and a possibly debunked rumor of Stellar Lumens working with Visa, the idea did not seem that far fetched.
Stellar Lumens – Ripple comparison
Now with Ripple (XRP) faltering since blowing up to #4, Stellar Lumens (XLM) has been slowly rising the ranks of marketcap and is now ready to launch into the top 10. Yesterday we saw IOTA blow past Ripple for #4 and at press time there seems to be no stopping IOTA. The launch of the limited data exchange has propelled IOTA from unknown to well known.
We called IOTA passing Ripple – check it out
And we said the news for IOTA was HUGE
December 7th we are set to get news from Stellar Lumens (XLM). Rumors abound about this news and we would love not to speculate but that is not our style at OracleTimes. Remember the founder of Ripple (XRP) is Jed McCaleb who left the project after differences with the board. He went on to create Stellar Lumens by taking what he felt was the best of Ripple and improving it. He has ties to the payment processing economy including many of the banks currently working with Ripple. Then this tweet shows up on the official Stellar Lumens Twitter feed.Kicking off the #Stellar #Seoul trip with #InsideFintech conference. Lively discussion on future of #payments with Andrew Park from @Visa, Joseph Chan from @AsiaPay, and Ho-Yeol Na from Kakao Pay. Major themes: collaborative platform, invisible payment and #blockchain adoption. pic.twitter.com/RRYEhAL1SE — Ella Qiang (@ellaqiang9) December 2, 2017
With saying Stellar was meeting with Visa, they just happen to be meeting with Visa and participating in a discussion about blockchain payments while in Seoul, South Korea. Let the rumors continue...