In an exciting development for the Stellar Lumens (XLM) cryptocurrency, the Chief Operating Officer of open-source software web-browser developer Mozilla, Denelle Dixon, has joined the Stellar Development Foundation.
Dixon will take over Stellar founder Jed McCaleb’s role so that he can focus on further technical developments as Stellar’s Chief Architect. Speaking of the assignment, Dixon said she is excited to help Stellar move to “the place it seeks to be.”
“I know that I am at my very best when my work has a purpose, and when I’m pushing for change. And that’s why, on May 1, I am joining the Stellar Development Foundation as the Executive Director and CEO,” she stated in her own post regarding the role. “This is my first role in the crypto space officially. It’s awesome and exciting,” she continued.
In the official press release, McCaleb praised Dixon’s experience leading operations at Mozilla and her contributions to open-source technologies, privacy, and encryption. While working at Mozilla, Dixon was key in helping the fight for Net Neutrality and ensuring Internet users maintain control over their private data. She believes Stellar is uniquely positioned within the blockchain-payments sector due to its openness and innovative community.
As the main competitor to cross-border remittance service Ripple, Stellar aims to support greater privacy and decentralization in the foreign exchange sector. With computer giant IBM as one of its main partners, it stands in good stead to further the development of payments via blockchain. Most recently, Stellar’s XLM native cryptocurrency was added to popular crypto wallet provider Coinbase Pro.