Stellar Development Foundation Invest In AirTM

A press release from the Stellar Development Foundation states the foundation has invested $15 Million in crypto startup AirTM.

AirTM is a blockchain and bank-connected digital wallet and peer-to-peer exchange platform that provides globally-connected dollar accounts to consumers and businesses throughout Latin America, and other emerging markets.

With this new investment, Stellar expands its reach in the Latin America to digitize the cash-based financial payments system.

This is the biggest investment on record by the foundation.With this investment, it will speed up the process of helping business and consumers in the developing countries to have easy and fast cross-border payments access with low fees.

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