Stellar current price is $0.2528 with a marketcap of $6.25 B. Its price is -3.62% down in last 24 hours.

  • stellar
    Stellar (XLM)
  • Live Price
    $0.2528
  • 24h %
    -3.62%
  • Market Cap
    $6.25 B
  • Volume
    $413.51 M
  • Available Supply
    24.75 B XLM
  • Rank
    32
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More Info About Coin

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. 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. Distributed Exchange Through the use of its intermediary currency Lumens (XLM), a user can s

 

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Twitter News Feed

Join leaders from @StellarOrg @AnclapFintech @FinClusiveCap and @AgendaCAF on May 17th at 1 p.m. ET to learn about a pilot project for a payment corridor between the US and Columbia >> https://stellar.org/events/innovating-colombias-financial-system

👋@ntokens_br — animado para ver projetos construídos no Stellar avançando em CBDCs e muito mais na América Latina >> https://revista.liftlab.com.br/lift/article/view/95

1/ As a network built for payments, we recognize that trust in assets is vital. And for stablecoins, knowing how a token is backed is key to that trust. That is why it’s crucial to have a clear definition for tokens that hold the stablecoin label.

We're live in 10 min for the Stellar Open Protocol discussion, where the conversation around #ProjectJumpCannon continues!

It's a technical discussion — details here: https://stellar.org/events/open-protocol-discussion-5-12-2022

"Honestly, I'm pretty skeptical that there's much of a future for algorithmic stablecoins," says @jricetweets via @decryptmedia 👇

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