Peter Todd critiques Stellar's focus on cross border payments

Cryptocurrency expert Peter Todd has publicly questioned Stellar's strategic emphasis on cross border payments.
In a live interview hosted by CoinDesk, Stellar was described as being ''laser focused on cross border payments.'' Peter Todd, a renowned figure in the cryptocurrency industry, commented that focusing on cross border payments ''is kinda a given,'' suggesting that such an approach might be too conventional in a rapidly evolving field. Stellar, known for its blockchain-based financial solutions, aims to foster easy and efficient international money transfers. However, Todd's critique highlights a broader discussion in the crypto community about innovation and differentiation beyond established applications.
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In the previous news, tweet author Peter Todd discussed innovations in crypto standardization.