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About Stellar
The Stellar network is an open source, distributed, and community owned network used to facilitate cross-asset transfers of value. Stellar aims to help facilitate cross-asset transfer of value at a fraction of a penny while aiming to be an open financial system that gives people of all income levels access to low-cost financial services. Stellar can handle exchanges between fiat-based currencies and between cryptocurrencies. Stellar.org, the organization that supports Stellar, is centralized like XRP and meant to handle cross platform transactions and micro transactions like XRP. However, unlike Ripple, Stellar.org is non-profit and their platform itself is open source and decentralized. Through the use of its intermediary currency Lumens (XLM), a user can send any currency that they own to anyone else in a different currency. Stellar was founded by Jed McCaleb in 2014. Jed McCaleb is also the founder of Mt. Gox and co-founder of Ripple, launched the network system Stellar with former lawyer Joyce Kim. Stellar is also a payment technology that aims to connect financial institutions and drastically reduce the cost and time required for cross-border transfers. In fact, both payment networks used the same protocol initially.
Latest Stellar News View All
Stellar Development Foundation CEO on Shift Towards Tokenization, Binance Impact
Stellar | Innovation and Regulation: SDF’s Response to French Regulators
Idris Elba on his Stellar journey to unlocking human potential — Interview
Stellar | How will Protocol 20 prepare Stellar for Smart Contracts?
Stellar Newsletter: MoneyGram Case Study, Improved Anchor Directory, and More
Latest Stellar News View All
Stellar Development Foundation CEO on Shift Towards Tokenization, Binance Impact
Stellar | Innovation and Regulation: SDF’s Response to French Regulators
Idris Elba on his Stellar journey to unlocking human potential — Interview
Stellar | How will Protocol 20 prepare Stellar for Smart Contracts?
Stellar Newsletter: MoneyGram Case Study, Improved Anchor Directory, and More
Stellar Price
$ 0.0936
Capitalization
Volume
Use Case
Token Supply
Token Supply
Characteristic
About Stellar
The Stellar network is an open source, distributed, and community owned network used to facilitate cross-asset transfers of value. Stellar aims to help facilitate cross-asset transfer of value at a fraction of a penny while aiming to be an open financial system that gives people of all income levels access to low-cost financial services. Stellar can handle exchanges between fiat-based currencies and between cryptocurrencies. Stellar.org, the organization that supports Stellar, is centralized like XRP and meant to handle cross platform transactions and micro transactions like XRP. However, unlike Ripple, Stellar.org is non-profit and their platform itself is open source and decentralized. Through the use of its intermediary currency Lumens (XLM), a user can send any currency that they own to anyone else in a different currency. Stellar was founded by Jed McCaleb in 2014. Jed McCaleb is also the founder of Mt. Gox and co-founder of Ripple, launched the network system Stellar with former lawyer Joyce Kim. Stellar is also a payment technology that aims to connect financial institutions and drastically reduce the cost and time required for cross-border transfers. In fact, both payment networks used the same protocol initially.