We are excited to announce that we have received a research and development grant from Stellar Development Foundation to start development of the Pendulum network — a new second-layer blockchain that connects Stellar to the wider DeFi ecosystem by adding smart contract support and bridges to Ethereum and Polkadot.

Connecting Stellar to Decentralized Finance Ecosystem

Stellar is an open-source network for currencies and payments, which makes it possible to easily create, send and trade digital representations of all forms of crypto and fiat currencies. Launched in 2015, the Stellar network now processes over 6 million operations daily and is widely used in the payments space and…

SatoshiPay’s recently introduced service DTransfer is a system to execute instant cross-border payments. Instead of the traditional banking system, it utilizes Stellar, a decentralized network for storing and moving money. The Stellar network maintains a list of accounts, their balances and a history of their transactions. It supports an unlimited number of different tokens that accounts can hold and exchange. There are many different types of tokens; for the purposes of this blog post we want to focus on one-to-one fiat-backed tokens (for short fiat tokens, also known as stablecoins) that are issued by regulated financial institutions that maintain reserves…

We are pleased to announce that we have reached a major milestone in establishing our blockchain-based clearing platform as a new standard for cross-border payments. As of August 2020 we have processed over 1 million euros in payments for our publishing clients.

Strong partners: Axel Springer, Börsenmedien and Stellar

During 2019 and 2020, both of our strategic partners in the publishing industry supported the acceptance of SatoshiPay as a payment method by running numerous campaigns. These campaigns made parts of the publishers’ subscription content available via micropayments or instant premium passes.

Axel Springer offers sponsored access to their real-time incident mapping service Tatorte, part of German newspaper…

The Stellar Development Foundation announced today that Samsung has added support for the Stellar cryptocurrency to its Samsung Blockchain Keystore, making it available to blockchain apps on recent Galaxy mobile devices. To make storage of Stellar lumens and other Stellar-based assets safer, SatoshiPay will utilize the Samsung Blockchain Keystore in its Solar wallet and its upcoming SatoshiPay B2B mobile app.

About Samsung Blockchain Keystore

Observing that many of their users are engaging with blockchain applications on a daily basis, Samsung decided to leverage their hardware advantage to launch a first instalment of their blockchain strategy. As an extension of their Android-based mobile device operating…

Revolutionizing the financial system may start with the technicalities of product development, but bringing instant global payments to fruition in its entirety requires the belief of people outside the realm of developers, engineers and field experts. In order to further the adoption process, we would like to explain why we trust the Stellar network as the foundation for a radically modernized payment infrastructure.

Rethinking Payments

The traditional payment industry is composed of multiple entities, most notably banks, scheme providers and money transfer services. When payments are initiated within this framework of fragmented financial institutions, fund custody moves from one financial institution to…

We are excited to announce a new chapter in our partnership with San Francisco-based Stellar Development Foundation (SDF): A strategic investment of $550k by SDF’s Enterprise Fund, supporting our future growth and product development. Also read SDF’s press release.

A long-term partnership

Starting with our first contact with SDF in 2017, we began working together to grow the ecosystem for financial freedom that the Stellar distributed ledger network has become. We’ve seen the number of operations on the network rise from a few per minute to 30 per second, regularly surpassing 3 million operations per day. Back in 2017, there were only a…

2019 was filled with exciting progress for SatoshiPay. As pioneers in the payment landscape, we would like to share some of our most memorable milestones and give an exclusive sneak-peek for what’s ahead in 2020.

The dawn of Solar

2019 started with the release of our Solar wallet: A multi-signature wallet for the Stellar network that enables seamless purchasing, transferring and managing of digital assets. We believe bringing the power of blockchain and decentralized networks to the masses requires a particular fusion of features. Our Solar wallet epitomizes this notion with a meticulous emphasis on speed, security and user experience (UX). Our goal was…

The next release of SatoshiPay’s Solar wallet will allow users to purchase Stellar Lumens (XLM) using their credit/debit card or Apple Pay directly within the app via EU-based payment processor MoonPay. This integration improves the on-boarding experience for people new to Stellar and makes it considerably easier to use Solar for instant international payments. Partnering with MoonPay is a big step in fulfilling our vision of making crypto more accessible for everyone by offering an open-source, user-friendly wallet across all platforms.

Purchase, transfer and trade digital assets on the Stellar network using credit/debit cards and Apple Pay

Fiat on-ramps are a game changer

We often speak about the advantages of the Stellar blockchain for international money transfers. With Solar wallet we are…

From the SatoshiPay engine room: An IoT adventure for people without any IoT experience. A contribution by the Solar team.

At SatoshiPay we are constantly building new software that uses the Stellar network to facilitate payments across the globe. We love Stellar, because its transactions are very cheap, super quick and the network is generally quite easy to use.

When our launch event came up on November 26th, a new opportunity arose. Wouldn’t it be great to give our party guests some free lumens and let them interact with the future of payments themselves?

Today we want to share…

We are glad to announce a completely new service: instant global payments for businesses and organisations. This post introduces our first B2B product iteration and explains the thinking process behind our move into the international B2B money transfer space.

From micropayments for content to global payments

Our micropayment solution for digital content addresses the growing demand for new forms of monetization in the publishing industry. Using our website widget, publishers can monetize digital content in a more user-friendly way compared to enforcing subscriptions by paywalls or subjecting readers to potentially intrusive advertisement.

While operating our content payment service, we noticed that with our solution we were solving…


Connecting the world through instant payments

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