Stellar Lumens News Today – Headlines for November 1

  • The real-world use cases of digital currencies are on the rise
  • Travala integrates Stellar Lumens (XLM) into its platform
  • XLM’s latest integration is a great move for the entire digital currency industry

Stellar Lumens News Today – Since the emergence of digital currencies, digital assets, and tokens, one of the major problems they have been facing is unlocking them for real-world use cases. Since Bitcoin came into the crypto space, about 11 years ago, the digital currency is still not being used as a cash or card replacement. However, some digital currencies have been seeing real-world use cases, and Travala wants to take this to the next level. Travala recently enabled Stellar Lumens (XLM) support to book hotels across the globe.

Travala Integrates Stellar Lumens (XLM) Into Its Platform

Stellar Lumens and its native currency XLM is obviously not just a traditional currency. It is a different kind of asset that is well-suited to disrupt the financial industry as people know it today. Basically, brokers, banks, and other financial service providers can benefit from what Stellar is trying to achieve. In addition, the native currency of the platform is still traded against most digital currencies, making it somewhat appealing to firms experimenting in the space.

Stellar (XLM) Price Today – XLM / USD

NamePrice
bitcoin
Bitcoin
$0.00
stellar
Stellar
$0.00

However, the average digital currency user does not have many options to spend XLM as they can spend Bitcoin (BTC). XLM has not amassed any major traction on platforms; it is supported by just a couple of payment providers. Most of these payment providers pay more attention to Bitcoin (BTC), and sometimes Bitcoin Cash (BCH).

However, Travala is set to try a different approach. Over the past year, Travala – a hotel booking service provider – has tried to take digital currencies into the mainstream. These efforts have not been yielding the expected results. However, the firm is not giving up on its plan just yet. Rather, the team is taking it a step higher by adding support for more digital currencies in order to meet the needs of as many enthusiasts as possible. The latest move of the firm is the integration of Stellar Lumens (XLM) into the platform.

The Integration of XLM in Travala Is a Positive Sign for the Crypto Industry

The recent integration of Stellar Lumens (XLM) into Travala is a great move for the digital currency industry as a whole. When people start to see how commonly used some assets and currencies are, they may show an increasing interest in them. This would further increase the exposure of the digital currency industry and many digital currencies are going to benefit from it. Travala is presently serving customers in 230 countries; this means a wider reach for Stellar Lumens (XLM), which could have a tremendous impact on its adoption and price.

Princess Ogono is a writer, lawyer and fitness enthusiast. She believes cryptocurrencies are the future. When she's not writing, she spends time with her adorable cat, Ginger and works out often.

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