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Altcoins & DeFi

Stellar falls 3.6% to $0.184 as DTCC and MoneyGram expand blockchain use

Image: CoinTurk News

Stellar (XLM) declined by approximately 3.6% on October 14, trading near $0.184, as the token continued to struggle despite new partnerships and increasing institutional involvement in its blockchain. The drop extended recent losses, keeping Stellar below the $0.20 level even as industry initiatives signal a growing role for its infrastructure in global finance. Stellar’s ongoing efforts to modernize traditional finance have been highlighted by collaboration with the Depository Trust & Clearing Corporation (DTCC), which processes infrastructure for trillions of dollars in traditional financial assets annually.

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