Dala has officially announced a new multi-chain strategy that will include Stellar, the technology behind the seventh largest cryptocurrency (lumens) by market cap. Dala is looking to create the most decentralized financial system available by bring together top blockchains and protocols. It hopes to reach developing markets by establishing a decentralized system that allows users to borrow, earn, save and transact funds.Dala says it will be using Stellar for payments, along with Ethereum for its smart contract capabilities. Stellar promises speedy and low-cost transactions for customers, and Dala executives believe its blockchain will lead to steady user growth.Dala is a new cryptocurrency issued by the Dala Foundation. As a general purpose ERC-20 token, Dala’s ecosystem consists of several partnerships across the globe, making it a borderless financial system. Dala also powers blockchain-backed Wala, a zero-fee monetary platform built for mobile devices.Tricia Martinez is the founder and CEO of Wala, and the director of the Dala Foundation. Speaking with Bitcoin Magazine, she explained why the team was adamant about working with Stellar over something larger and more established like Bitcoin.“Stellar has been designed as a payment network to integrate disparate currencies, payment systems and entities to move value quickly and reliably at almost no cost,” she states. “Stellar scales exceptionally well... For Further Information Click on Below Button