TL;DR
- Blockaid has integrated its real-time detection and response technology into the Stellar blockchain.
- The technology initially focuses on the Lobstr and Freighter wallets, with more integrations planned.
- Stellar continues to expand its adoption in the DeFi space and stablecoins in collaboration with other companies.
Blockaid, a leading company in blockchain security, has taken an important step by integrating its Onchain Detection and Response (ODR) technology into the Stellar platform.
This advancement aims to strengthen the protection of Stellar users through real-time detection and response to threats and malicious activities.
The first applications to benefit from this integration are the Lobstr and Freighter wallets, which represents a milestone in the security of Web3 platforms.
According to the information released on October 17, this is only the beginning, as the plan is to expand this technology to more applications within the Stellar ecosystem.
According to the original source, Blockaid has proven to be a reliable solution in the sector, as it currently protects major platforms such as Coinbase and Metamask.
The company claims to have scanned more than 4.5 billion transactions and blocked over 100 million attacks, preventing potential losses exceeding $4 billion.
This integration into Stellar is presented as a crucial measure to enhance the security of its users and to position the network as a secure option for decentralized finance and digital payments.
Stellar, known for its focus on decentralization and its ability to process transactions quickly and efficiently, has found a strategic ally in Blockaid to optimize the user experience.
By providing protection similar to an antivirus for Web3 platforms, Blockaid’s technology becomes an essential component to promote trust and mass adoption in the use of cryptocurrencies and digital assets.
The expansion of the Stellar ecosystem
In addition to this technological integration, Stellar continues to make progress in its mission to facilitate decentralized finance and cross-border payments.
A recent example of this progress is the collaboration with Next Generation and Decta for the launch of EURT, a euro-pegged stablecoin on the Stellar blockchain.
This initiative highlights a clear effort towards regulation and acceptance of cryptocurrencies within the European market, especially under the new Markets in Crypto-Assets (MiCA) regulations.
These actions demonstrate Stellar’s commitment to remaining at the forefront of the sector, not only in terms of security technology but also in adoption and regulatory compliance.
The integration of Blockaid and the launch of new stablecoins reflect a solid vision for the future of digital finance.
With each step, Stellar consolidates itself as a key player in the evolution of the blockchain ecosystem, strengthening its position as a secure and reliable platform for the exchange of value in the digital age.
