The Stellar Development Foundation appoints José Fernández da Ponte as CEO, focusing on partnerships and scalability to enhance blockchain use.
José Fernández da Ponte has been appointed as CEO and Chief Business Growth Officer of the Stellar Development Foundation, following his leadership role in launching PayPal's stablecoin PYUSD. Stellar's price has increased over 300% year-on-year and nearly doubled in the past two weeks, highlighting its strong performance in the altcoin market. The foundation aims to enhance blockchain utilization through partnerships and scalability while addressing real-world asset tokenization.