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Altcoins & DeFi

Stellar (XLM) pitches onchain FX rail as Q2 volume reaches $2.78 billion

Image: Blockchain.News

Stellar (XLM) said its network is being used for onchain foreign exchange and currency delivery, highlighting a 24/7 exchange model, second-level settlement and $2.78 billion in onchain trading volume in Q2 2026. The material, published by Stellar on Oct. 28, 2026, frames the network as an exchange-and-fx rail for fintechs, market makers and liquidity providers rather than a conventional payment-only blockchain. According to Stellar’s solution page, users can “quote, convert, and deliver” currency in one transaction, with payments routed through the network’s order book or automated market maker pools to whichever offers the better rate. The company says a path payment can send one currency and deliver another in the same atomic transaction, and that if any step fails nothing moves.

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