More than 40 Banks Will Announce Partnerships with Stellar in the Next Several Months

Jesse Lund, chairman of the IBM blockchain, partnering with Stellar (XLM), made a very important statement about Stellar. Over the next few months, Lund has announced that more than 40 banks are expected to join IBM World Wire based in Stellar.

A very important explanation from IBM, which has partnered with Stellar. Stellar built a partnership with IBM 'den Jesse Lund, IBM Think in 2019 found a very important statement. Lund said 40-50 banks are expected to join IBM World Wire based in Stellar in the next few months.

Last September, IBM launched the Blockchain World Wire, the Stellar-powered system. According to Jesse, the company took a big step towards this system using the Stellchain blockchain. Using Blockchain technology and the Stellar protocol, the IBM Blockchain World Wire enables financial institutions to realize cross-border payments in seconds.

Lund stated in an interview that they would soon start an important initiative and that the project, which would operate in more than 50 countries, would cover nearly 40 currencies and banks, and would support a large number of market makers.

So far, many banks have announced plans to launch their own stable coins through IBM World Wire. And according to the statement made, several banks also plan to extract their own digital assets in the same way.

Stellar prices have risen over the past few days due to the impact of IBM and Bitbond news, and passed Tron to number 8.

Further details about this are expected to be announced in Singapore on March 20. The steps of the partnership with Stellar can bring huge profits to the realm of use and XLM which is taking a big step towards mass acceptance.