Curve Launches First Native Non-EVM StableSwap Deployment on Stellar

TL;DR: Curve launched native StableSwap functionality on Stellar mainnet, adding permissionless pools and swaps for compatible assets. The separately discussed FXSwap feature is planned pending an audit, not live. Curve Finance has taken its stablecoin-liquidity system beyond Ethereum-style networks for the first time, launching a native implementation on Stellar. The launch brings a widely used automated-market-maker design to a network focused on payments and tokenized financial assets. A native Stellar deployment Curve Finance has launched its StableSwap system on Stellar mainnet in what the Stellar Development Foundation described on October 29 as Curve’s first native deployment outside the Ethereum Virtual Machine ecosystem. The initial implementation offers permissionless pool creation, pool discovery, swaps and liquidity provision for users of supported assets. StableSwap is designed for assets that trade near one another in value, notably dollar-pegged stablecoins and closely related tokenized instruments. Curve’s model seeks to reduce slippage for such exchanges compared with a general-purpose liquidity pool across a similar price range. Stellar says the implementation was...