Everyone may have hundreds to thousands of lumens (XLM). Stellar recently announced a new partnership that will create an asset market. Stellar seems to be getting better after supporting one of the stable coins on the US dollar fiat currency.
The new blockchain competition is currently growing rapidly, Stellar does not want to miss innovation. This blockchain has created a solid community all over the world. Although now found a lot of crypto with the same price as Stellar. But XLM seems to be much stronger because of community support that has been formed since the last 2 years.
In a blockchain news release by Reuters on July 17, a new project called Stablecoin US dollars will run on IBM-backed Stellar network. This new asset will later be called the 'Stronghold USD' token released by the new startup Stronghold, based in the United States.
Stronghold USD is used as a cross border payment solution or to invest in cryptocurrency. This token offers direct access to Stellar assets for businesses with monthly volumes above 50,000 US dollars. In addition to use for payments and exchange agencies, as well as USD reserves. Currently Stronghold USD supports exchange and payment of Bitcoin (BTC), Ethereum (ETH), and Lumens (XLM).