Stellar launches Anchor Platform, an out-of-the-box cross-chain payment solution

The Stellar Development Foundation, the foundation behind the payment network Stellar, announced the launch of the Anchor Platform, an out-of-the-box cross-chain payment solution, making it easier and faster for businesses to connect to the blockchain while reducing development costs and time. Currently, Anchor Platform currently supports cross-border payments, and new payment services will be launched in the coming months. With a single integration, Stellar said, businesses can plug the Anchor Platform API into their existing technology infrastructure and access Stellar’s payment rails without the need for custom integrations.