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XRP rival Stellar (XLM) reports a 172% increase in payments in 2022, among other positive numbers.
according to the new blog post According to Stellar founder and CEO Denelle Dixon, global payment platforms are hitting astronomical numbers in 2022 despite the ongoing crypto winter.
Dixon highlights the fact that Stellar has grown more in just one quarter of this year than in 2021 as a whole.
Last year, we celebrated Stellar reaching 1 billion operations in two quarters. A big milestone achieved!
This growth has been astronomical and encouraging. Because it proves that people are using Stellar to drive real-world utility, innovation, and financial inclusion around the world. “
XLM also posted positive numbers across the board, noting a 73% increase in total assets, a 17% increase in total assets and a 92% increase in total operations processed.
According to Dixon, the change in calculation method reduced the number of related assets on XLM, but increased the volume of transactions containing related assets by a factor of 1.9.
While we have tightened our reporting standards to remove older related assets and have seen a slight decrease in the number of related assets on our network, Stellar has seen daily trading volume for these assets increase year-to-date. It increased by 1.9 times.
XLM is trading at $0.072 at the time of writing, down 2.75% over the last 24 hours.
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