According to a recent Medium post, Zelle founder Mike Kennedy has been appointed as the new CEO of Interstellar.
The main purpose of Interstellar is to build out the Stellar Blockchain ecosystem, thus increasing its adoption.
Stellar co-founder Jed McCaleb is confident that Kennedy is “a perfect fit” for Interstellar given his success with Zelle, which has such behemoths as JPMorgan Chase and Bank of America among its clients.
His history of innovation in mobile payments, FX and banking, coupled with his track record as a high-impact advisor to Stellar make him the perfect fit to lead Interstellar.”
Kennedy, who’s expected to build “powerful new services” for Stellar, sees his new job as an opportunity to make cross-border payments cheaper and faster.
I am excited to be taking on the role of CEO at Interstellar. I have always been interested in working on making things easier for individuals and companies, and I believe we have the opportunity to help make international payments more efficient, lower cost, and faster.”