Stellar
XLM$0.1600
Market Cap
$5.27B
Volume 24h
$78.32M
Vol / Market Cap
1.48%
Rank
#21
XLM Price Chart
Stellar is a blockchain network focused on fast, low-cost international payments.
Stellar is a blockchain network optimized for fast and low-cost international payments that connects financial institutions and enables tokenized assets.
A payment network designed to connect financial institutions and reduce the cost of cross-border transfers. It uses the Stellar Consensus Protocol (SCP) to allow users to send any currency and have it arrive as another in seconds.
Financial Inclusion: Used as an intermediary currency to facilitate low-cost, near-instant conversion between different fiat currencies, especially in emerging markets.
Non-Profit Remittance: Uses a low-inflation model. It is used to facilitate near-instant, low-cost currency conversions. Its primary use case is moving money across borders, particularly for the "unbanked" in developing regions.
Niche focus on cross-border payments faces direct competition from stablecoins and upgraded banking rails.
