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Coinbase Partners With Stellar Foundation to Give Away One Billion XLM

Mar 27, 2019😃Bullish

Coinbase has announced a partnership with the Stellar Foundation that will give away 1 billion XLM, worth $100 million, to users willing to take the time to learn about the currency.

The funds will come directly from the Stellar Development Foundation (SDF), which is the non profit organization that helps develop the Stellar protocol.

Included in the official blog post detailing the giveaway is information about Stellar and the what the XLM currency is attempting to accomplish.The Coinbase blog reports that Stellar is a platform which aims to connect banks, payment systems and people in a way that is more efficient than the current practices.

Since the addition of XLM to Coinbase earlier in the month, the currency has managed to grow above the $0.10 price range.

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