๐จ JUST IN: DTCC plans to bring tokenized securities onto the Stellar ($XLM) network, marking another major step forward for real-world asset adoption (RWA).
Following the news, $XLM surged +19% in the past 24 hours as trading volume spiked sharply ๐
Momentum is spreading across the Stellar ecosystem too, with ecosystem-related projects like @strongholdpay $SHX also gaining traction today.
Eyes back on #XLM @StellarOrg ๐
Trade $XLM: https://t.co/DoSwxjaZ3q
Trade $SHX: https://t.co/XVEe6MgUKD
Building on Stellar with AI: From Idea to MVP in Days ๐ป
Join us for an exciting AMA on leveraging AI to build fast on Stellar - @BuildOnStellar!
๐ May 29, 2026 (Friday)
๐ 8:00 PM GMT+8
Speakers:
@GiuComia - Content Creator and Founder, GoodBoyTrader
@TheImhelAsis - Founder, BuildMindz
Jonathan Tinoco - Founder, @museigen_io
Rod Albores - Founder, @reveriondao
Hosted by @missmodernmulan
Set your reminder & donโt miss this! ๐
https://t.co/TU0Ju2fGKE
Today, during the Technical Wednesday at Morpho Studio, we built a cooperative/payroll MVP for Costa Rican fishermen using @TrustlessWork escrow-based payment flows on Stellar.
The entire thing was developed live using the newest @cursor_ai Composer 2.5.
From ideas becoming functional blockchain products in just a few hours, it still feels unreal.
@BuildOnStellar@TheBAFNetwork
13 live demos.
Community games.
Networking.
Presentation awards.
Thank you to everyone who participated in the Boundless X Trustless Work Hackathon, and everyone who showed up to make today special.
Pictures coming soon
storytime.
three days ago i had nothing but a blank next.js repo and a half cold coffee from @thegarageng_ . This morning i and @ezechiziterem submitted the first parametric drought insurance product built on Stellar, and i'm still slightly in disbelief that it actually works.
so here's the story.
@TrustlessWork ran a four day hackathon with @boundless_xyz . the brief was simple, ship one specific product on their escrow primitives, no generic platforms allowed. i'd been reading about Lemonade automating crop insurance on Avalanche and Etherisc doing the same thing on Ethereum. nobody had done it for African smallholders on Stellar. so that's the one i grabbed.
the actual problem is the part that wouldn't let me sleep. picture a woman in Kano growing sorghum on one and a half hectares. one bad rainy season and her family loses a whole year of income. she cannot afford traditional crop insurance. even if she could, the claim sits on a desk in Lagos for ninety days and never makes it to her village. an entire continent of farmers running their lives on weather they have zero protection against. that is the gap.
so we built Nimbus.
how it works is almost embarrassingly simple. every morning at 6am UTC a cron hits an endpoint. that endpoint pulls cumulative rainfall for every active farm's exact GPS coordinates from Open-Meteo (free, no API key, real historical satellite data). if the season's total stays under threshold, the oracle signs a Trustless Work escrow approval server side, then the release, and USDC moves to the farmer's custodial wallet. five seconds. no human. no claim form. no adjuster. no paperwork she cannot read.
the entire insurance department is roughly eleven lines of typescript.
const { totalMm } = await fetchSeasonRainfall(lat, lon, seasonStart);
if (totalMm < farmer.drought_threshold_mm) {
const approveXdr = await approveMilestone(contractId);
await submitToStellar(signXDR(approveXdr, PLATFORM_SECRET));
const releaseXdr = await releaseFunds(contractId);
const tx = await submitToStellar(signXDR(releaseXdr, PLATFORM_SECRET));
await markPayout(https://t.co/Q0rmOUphBf, totalMm, tx.hash);
await sendSMS(https://t.co/O2xIzuwyWs, payoutMessage(farmer, totalMm, tx.hash));
}
every part of that flow is auditable. anyone with the contract id can open https://t.co/WuPmmWfE51 and watch the escrow state in real time. you can click any payout's tx hash and verify it on Stellar Expert. zero trust required, all of it on chain.
the demo i just walked judges through:
Amina Hassan in Kano, Fatima Musa in Katsina, Emeka Okonkwo in Abuja. three real coordinates pulling real rainfall. Katsina got 22mm against a 50mm threshold. one click on simulate and the policy fires, the escrow approves, USDC moves, Fatima's wallet ticks up. that's the demo. that's also the product.
a few things i did not expect to learn this week.
one. the Receiver role in a Trustless Work single release escrow can be the only role NOT held by the platform. that one design decision means the platform can never steal the funds. it can only release them, and the destination is locked to the farmer. parametric insurance becomes trust minimised almost by accident. you cannot fake that kind of primitive composition.
two. Open-Meteo is quietly the best free API on the internet. global coverage, no key, historical archive going back decades, deterministic outputs. you could build half the climate fintech in africa on top of it and nobody would notice.
three. the "oracle problem" crypto twitter agonises about disappears the moment your condition is a deterministic public dataset. parametric design beats oracle networks for an entire class of products. this is not a hot take, this is just math.
four. ai will absolutely help you ship a three day mvp if you bring the taste. but only you know which of the four trust questions actually matters to a farmer in Kano. (it is the speed of the payout. it is always the speed.)
things shipped this week:
a landing page that answers all four judging questions inline. an enrollment wizard with a leaflet map for the GPS pin.
a farmer dashboard with daily rainfall plotted against threshold. multi farm accounts so one farmer can enroll many plots across many seasons.
20 USDC of demo balance for paying premiums. an admin dashboard with live oracle controls and a simulate button. a coverage pool builder for NGOs and climate funds. a Trustless Work Escrow Viewer link on every contract row so judges can verify state live.
sign in via local session, settings page, custodial wallet export gated by phone confirm, 404 page, runtime error boundary, opengraph card, animated svg favicon. and a full demo mode where the entire app runs in memory with zero external services, so anyone cloning the repo can play with it in thirty seconds.
i hit deploy at 3am this early morning for the last commits of code and @ezechiziterem made the demo video and submitted. and live at @theblock_hive in Nsukka we're on stage with it. submission ships noon.
if you build for africa you already know this, but the boring infrastructure decisions are the ones that compound. parametric beats discretionary. on chain beats off chain. five seconds beats ninety days. one click beats a forty page form. these are not opinions.
when rain fails, Nimbus pays.
(reply if you want the repo link, dropping it once i flip the visibility.)
All set to host @boundless_fi x @TrustlessWork for the @StellarOrg hackathon finale today!
Join us at @theblock_hive to hear 30+ teams demo what theyโve @BuildOnStellar!
๐25 University Road, Nsukka, Enugu๐ณ๐ฌ
Submission deadline is 12:00 noon today. Do Submit now if youโve not!
Demo presentations are officially underway ๐
Anchored by @kevin_chibuoyim
Weโve received 34+ submissions from builders and teams across the world, including Costa Rica, India, and Argentina.
While todayโs physical event is happening live at @theblock_hive, judging is being done using the video demos submitted on the Boundless platform.
Today:
6:00 am: @TrustlessWork Workshop for @boundless_fi hackathon.
7:00 am: pitch practice for @FS_Build
11- 4pm: EIR mentorships @draper_u
6pm: Morpho Studio workshop
Life is good
โThe projects that get me excited are the ones that start with solving a market demand, or a real problem, not just a use case.โ
Thank you so much @TechRebelWorld for that insightful session on how to use @TrustlessWork ๐
This is what happens when a government leans into innovation to improve its citizens' lives in meaningful ways.
Proud that @StellarOrg is powering this milestone moment for Bermuda.
Today, the Stellar Development Foundation and the Government of Bermuda announced that Bermuda will begin moving key payment and financial-services activity onchain onto the Stellar network.
Learn more ๐
https://t.co/Fh0uaKg3FL