XL

Stellar

XLM
PaymentsRank #21Stellar

$0.1600

-0.09%24h
+3.37%7d

Market Cap

$5.27B

Volume 24h

$78.32M

Vol / Market Cap

1.48%

Rank

#21

XLM Price Chart

About Stellar

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.

How It Works

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.

Use Cases

Financial Inclusion: Used as an intermediary currency to facilitate low-cost, near-instant conversion between different fiat currencies, especially in emerging markets.

Tokenomics

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.

Risks & Considerations

Niche focus on cross-border payments faces direct competition from stablecoins and upgraded banking rails.

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