New company building on Stellar

[Monetran]

In consideration of all of the advantages offered by the Stellar network, Monetran, an internet fintech company, has decided to build on that platform.

Monetran has developed a stable token which has all the qualities to make it universally accepted for transactions on the internet.

It's backed by tangible assets, redeemable, and designed to keep up with inflation. Monetran will have an app that will make it possible for customers to make purchases for amounts as low as $1 or less.

Because the company is being built on the Stellar network, Monetran will be able to make international transfers of funds in 2-5 seconds at fees which are at least 70% less than typical charges. This will aid the world's poor who rely on remittances for survival.

Monetran is environmentally friendly - no mining which is wasteful and detrimental to the air, earth, and water.

Kindly check us out: newbie deactivated link:https://www.monetran.io/ [nonactive]  and  newbie deactivated link:https://www.startengine.com/monetran-llc [nonactive]

[kent47400]

Monetran is something that is valuable for the development of Stellar because Stellar is able to continue to fight wisely for the advancement of its technology in the future.
Monetran is indeed a project in an internet fintech company, but I am sure that it will be sustainable with Stellar and work together in the long term.

[waybesuricata]

Stellar Development Foundation (SDF) announced it will integrate with fintech ClickPesa to facilitate cross-border payments to consumers in Africa. Fintech will work as an anchor on Stellar Lumens blockchain using SEP-24 standard transaction flow.

[IyemRoker]

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Naaah, this is what Stellar is waiting for because Stellar must be distributed throughout the world so that it becomes a coin that is truly known by the wider community.
The African continent really has many countries and African countries are also very open to cryptocurrency, so Stellar must be able to spread on the African continent.

I think there is also Fiat in Binance who has been invited to collaborate with an African country, if I'm not mistaken it's Uganda.

[moantana]

How is the continuation of this project I am very curious, is there any other news for Monetran? I rarely see news about stellar

[waybesuricata]

Thailand's largest bank, Siam Commercial Bank (SCB), will benefit from Stellar in a cross-border money transfer corridor, while Bankhaus von der Heydt (BDNH), one of Germany's oldest banks, also issued a stable cryptocurrency on Stellar.

[jonathancool220]

@moantana
I also have not seen the continuation of this project and this is probably a project that has gone a long way because I am sure that the Stellar name must be very supportive of the company that has worked with him.
I am also still waiting for confirmation from the OP because it seems that the OP is also less active in this forum, maybe the OP is active in developing Monetran.

[krypto4uvak]

Now many companies are starting to work on the Stellar platform, as Stellar has very low fees and instant transactions. Therefore, I am not at all surprised that this company works for Stellar.