The United Kingdom’s friendship with the United States has bore fruit in a new cooperation between the two nations. In a quest to instill regulatory clarity along with crypto investor confidence, the UK & US are planning to launch a stablecoin-focused regulatory framework, aiming to harmonize the market.
UK Shakes Hands With USA, Stellar (XLM) Wins
Stablecoins are strong contenders to take a piece of the multi-trillion cross-border market, as both Genius & Clarity Acts are making a breakthrough in the United States (USA). For Stellar Lumens (XLM), the recent US & UK crypto collaboration news brings the perfect opportunity to anchor both on & off ramp business operations.
Stellar (XLM) is fully compliant with the ISO-20022, which is the leading global financial messaging standard. With this rule set currently dominating the cross-border market, Stellar’s (XLM) chances of becoming a powerhouse of stablecoins become higher than ever. Besides, the chain embarked on a 24 billion Real World Asset (RWA) venture earlier this month.
Will Stellar Lumen’s (XLM) $1 Dream Come True?
XLM’s path towards unclaimed territory above $1 highly depends on the $0.50 confluent resistance level, as lately noted by crypto analyst Ali Martinez. Certainly, this resistance level couldn’t hold twice this year, often backtracking to the lower demand territory at $0.25.
Presently, the popular altcoin is trading at $0.39, yielding a 305% profit in a 365-day timeframe. However, today’s 3% drop marks a crucial moment for Stellar’s short-term projection. The whale support is still there, judging from the Chaikin Money Flow (CMF) index dwelling in positive territory.
Conversely, some technical parameters are calling for market correction. Most notably, the Parabolic Stop & Reverse (SAR) meter, used to determine a shifting trend, has flashed a ‘sell’ signal on the 4-hour XLM crypto charts. To avoid a bearish scenario, XLM’s daily price must close at $0.39 or above.
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People Also Ask:
Stellar is a blockchain for fast, low-cost cross-border payments and asset tokenization, with XLM used for fees and bridging currencies.
Stellar’s partnership with UK-regulated Archax for RWA tokenization and upcoming Meridian 2025 conference fuel XLM’s $1 potential.
XLM’s $0.40 price, Protocol 23 upgrade, and $3B in tokenized assets via Paxos and others drive bullish momentum toward $1.
Buy XLM on exchanges like Coinbase or Binance; use it via wallets like Lobstr for payments or tokenization on Stellar’s network.
The altcoin faces volatility, potential drops below $0.29, and competition from XRP, though its low fees and compliance focus reduce some risks.
