Curve launches StableSwap on Stellar: what it means for XLM and custody

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Curve Finance launched StableSwap on the Stellar mainnet on October 29, its first native deployment outside the EVM world. What the step means for the XLM price, your custody and the tax on every swap.Curve Finance launched its StableSwap exchange on the Stellar mainnet on October 29, 2026. It is the first deployment Curve runs natively outside the EVM world, meaning outside those blockchains that can execute Ethereum's program code. Curve and the Stellar Development Foundation announced the launch jointly. Two things change in practice: swap pools can now be created and used on Stellar, and the announced foreign exchange component, FXSwap, is not part of it yet. The price barely reacted. XLM traded at $0.1718 on October 29, up 0.45 percent over 24 hours (CoinGecko). The protocol's token, Curve DAO Token, stood at $0.3334 and was 0.58 percent lower. Anyone reading a price jump into this news is reading more than the data supports. The launch is interesting for a different reason...