Stellar (XLM) is one of those ignored cryptocurrency by the average investors. The reason being this currency has the regulation written all over it from the start. As most of the Asian and the European adopting the XLM method for the remittance and the payment gateways since the 2019 itself. Now a days Stellar has been working in the 3rd world nations and trying to connect it with the mainstream 1st world economies.
Flutterwave is one company which is active in Africa that used the Stellar to connect the African nations with the European market. Recently stellar team tweeted about the progress of Flutterwave and the Stellar.
So is this a good news or bad news? If you are invested into the XLM then sure this is a good news. The stellar has been making use of the blockchain tech for the remittance and it seems to be working for certain sections of economy.
But does it help decentralized community? Not at all. It remains anonymous and decentralized only for connecting people. But the banks and the projects that are connected to the XLM are open and so do your wallet.
What does partnership like this achieve? It only achieves the financial inclusion in the 3rd world nation where the cash and the old means of money transfer was limiting the people and their power to only certain number of people.
In that context it looks like a good progress of Stellar (XLM).
