Yes, Stellar is one of the most efficient networks for stablecoin transactions. Its low fees and high speed make it an ideal platform for stablecoin issuers. Popular stablecoins like USDC (USD Coin) are already integrated into the Stellar network, allowing users to send and receive funds instantly.
This capability enhances Stellar’s utility in global payments, as stablecoins provide a reliable means of transferring value without the volatility of cryptocurrencies. As stablecoin usage expands, Stellar’s relevance may increase, impacting the XLM price positively.