Stellar draws growing government interest as Meridian 2026 opens, says M1X Global’s Goldman

The M1X Global executive points to Stellar's real-world finance focus as Lisbon hosts the network's flagship conference Governments are paying closer attention to Stellar. That is the read from Jordan Goldman, President and COO of M1X Global, who says the network’s focus on real-world financial applications is drawing growing interest from public-sector players. The timing is hard to miss. His comments land as Meridian 2026, the Stellar Development Foundation’s annual conference, gets underway in Lisbon. The crowd there skews toward banks, market infrastructure firms and asset managers. A repo deal sets the stage Goldman has more than a hunch to point to. On October 23, he announced that M1X Global had executed the first institutional repo transaction on the Stellar network. A repo, short for repurchase agreement, works a bit like a very formal pawn shop. One party hands over high-quality assets as collateral, borrows cash, and agrees to buy those assets back later. The M1X deal used USDM1, which the company describes as a sovereign bond token. It is fully backed by short-term US Treasuries. The pitch behind the trade is programmable collateral financing that runs 24/7. According t...