Stellar CEO's Comments Raise Questions About Long-Term Blockchain Partnerships

A recent interview with Denelle Dixon, CEO of Stellar, has shed light on the possibility of long-term collaborations between blockchain firms and institutions remaining unannounced.

In a discussion about Stellar's relationship with the Depository Trust & Clearing Corporation (DTCC), Dixon revealed that the two entities have been working together since 2018. While the partnership was only publicly announced recently, Dixon emphasized that this is not an unusual practice in the industry.

According to Dixon, institutions like DTCC often prefer to keep their collaborations with blockchain firms under wraps for various reasons. She noted that these relationships can be complex and require significant investment of time and resources from both parties.

The possibility of long-term partnerships going unannounced has sparked speculation about similar collaborations in the industry. Some market participants have pointed out that this could apply to Ripple, leading to calls for greater transparency and disclosure from blockchain firms.