Monarch Wallet Adds Support For Stellar (XLM)

Monarch Blockchain Corporation, the developers of the Monarch Wallet and MonarchPay, have announced that the Monarch Wallet (iOS) now supports Stellar Lumens, or XLM. Stellar provides a means of sending money across borders quickly, reliably, and for nearly no cost. Transactions in Lumens (the native currency of Stellar) on the Stellar network are resolved in 2-5 seconds, making the payment network fast, secure, and very cost efficient. With many developer-friendly softwares and tools, the Stellar Network is very easy to integrate and build applications on top of. Aligned with Stellar’s initiatives for the future of money, Monarch Blockchain Corporation is very excited to support Lumens on the Monarch Wallet and MonarchPay once the payment solution is officially launched.

“It’s become increasingly clear Stellar Lumens has a huge use case. Their partnerships with large institutions and their large community following speaks volumes. Jed has a proven track record of success and we are honored to support Stellar and Monarch users with the ability to send, store and receive XLM.”

-Robert Beadles, President of Monarch Blockchain Corporation