So in May, we saw XLM shoot up to $0.77ish right when China told its citizens no. The whole market at that point was right around $2.5T. Obviously everything tanked right after, but it crept back up to $2.4T on September 6th. XLM on September 6th? $0.39.
When China did what they did, a crap ton of people used XLM to exchange their crypto to something cheap, fast, and secure to send it somewhere else to be converted back to Yuan.
Join SDF CEO and ED, Denelle Dixon, for a panel discussion on Cryptocurrency and the Global Market at the Congressional Hispanic Caucus Institute Leadership Conference. Speakers include: Representativ...