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$1.5 trillion asset manager Franklin Templeton issued the first U.S. registered mutual fund on Stellar Network.
WisdomTree, a $90 billion asset manager partly owned by BlackRock and Vanguard, also runs on Stellar Network.
This is only the beginning.
#Stellar#XLM
#Soroban: The Rust-Based Smart Contract Platform that Boosts #Stellar’s Ecosystem and Solves Ledger Bloat $XLM #XLM
1/ Stellar is working to take advantage of the positive momentum in the crypto industry and secure its place in the future of finance.
2/ Soroban is a Rust-based smart contract platform designed for scale and sensibility. It seamlessly integrates with and works alongside the existing Stellar blockchain, while also addressing the issue of ledger bloat, a significant obstacle to long-term sustainability.
3/ Soroban’s state expiration system helps ensure valuable ledger space is used wisely and allows for restoration when necessary. The announcement of Soroban v1, now a stable release, marks a critical milestone after 15 months of design iterations and public discussions.