Curve Finance launches StableSwap on Stellar mainnet
6.7 Tech Curve Finance launched StableSwap on Stellar, its first non-EVM deployment, enabling permissionless pools and swaps. FXSwap will follow after audit, targeting institutional demand.
Curve Finance has launched its StableSwap protocol on the Stellar mainnet, marking its first native deployment outside the Ethereum Virtual Machine (EVM) ecosystem. This integration allows Stellar users to create permissionless liquidity pools, swap assets, and provide liquidity, bringing Curve’s low-slippage stablecoin trading to a non-EVM blockchain for the first time. The Stellar Development Foundation supported this deployment, aiming to expand stablecoin and tokenized asset trading on the network. Institutional demand was a key motivator, with Curve’s founder highlighting Stellar’s compatibility with EVM user habits. Curve also plans to launch FXSwap on Stellar after its audit, enabling efficient cross-currency asset trading. Trading volume and on-chain activity data for the new Stellar pools have not yet been disclosed. The stablecoin market on Stellar is estimated at $394 million, mainly in USDC. Curve’s Stellar interface is now live, with the protocol’s total value locked at approximately $1.27 billion.
