Stellar $XLM is a blockchain platform designed to enable fast, cost-effective cross-border payments and asset transfers. More
Fully Diluted Valuation | $20.11B |
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24H Trading Volume | $388.90M |
24H Low / High | $0.39 / $ 0.41 |
Circulating Supply | 31.94B |
Total Supply | 50.00B |
Max Supply | 50.00B |
Categories | Smart Contract Platform 6 more |
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Founder | Jed McCaleb 2 more |
Website | medium.com |
Socials | 9 more |
Explorer | Energi 4 more |
Name | Pair | OG Score |
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Stellar $XLM was founded in 2014 by Jed McCaleb, a prominent figure in the cryptocurrency space, and Joyce Kim, with the goal of fostering financial inclusion and connecting global financial systems. Recognizing the challenges of high transaction costs and limited accessibility in traditional systems, Stellar $XLM aimed to provide an open network where currencies and assets could be easily transferred across borders.
Early in its journey, Stellar $XLM received support from Stripe, which contributed $3 million to the project, cementing its position as a solution-oriented platform. Over time, Stellar $XLM achieved significant milestones, such as its partnership with IBM in 2017 to develop cross-border payment solutions and its adoption by the Ukrainian government for creating a digital version of their currency.
Stellar $XLM distinguishes itself through its unique architecture and technical capabilities. Its consensus mechanism, the Stellar Consensus Protocol (SCP), sets it apart from traditional Proof-of-Work or Proof-of-Stake models. SCP ensures faster and energy-efficient transaction verifications, making the network scalable and eco-friendly.
A standout feature of Stellar $XLM is its ability to issue, exchange, and transfer multiple types of digital assets. By integrating Anchors (trusted entities that bridge fiat currencies and Stellar tokens), Stellar $XLM facilitates seamless currency conversions, allowing users to transact in their preferred currency while benefiting from the blockchain’s efficiency.
The platform also includes an innovative decentralized exchange (DEX) for trading assets without intermediaries. Its ability to handle thousands of transactions per second at negligible fees further underscores its practicality for global payments.
Stellar $XLM has found use in numerous real-world applications, showcasing its versatility across industries. Financial institutions leverage Stellar’s $XLM infrastructure to process remittances and cross-border settlements. One prominent example is IBM’s World Wire, which uses Stellar $XLM to connect financial institutions and enable real-time settlements of financial assets.
Moreover, fintech companies such as Tempo and SatoshiPay rely on Stellar $XLM for fast and cost-efficient payments. The Ukrainian government’s collaboration with Stellar $XLM for developing its digital hryvnia also highlights institutional adoption, recognizing the network’s potential for modernizing financial infrastructures.
The native token of Stellar $XLM, Lumens, plays a critical role in the ecosystem. Lumens are used to facilitate transactions, prevent network spam, and serve as a bridge currency for asset conversions. Their demand is driven by the increasing adoption of the Stellar $XLM network, particularly in remittances and asset tokenization.
In addition, Stellar $XLM employs a fixed supply of 50 billion Lumens, with built-in mechanisms for gradual distribution that encourage stability. As the ecosystem grows through institutional partnerships, diverse use cases, and developer activity, the utility and demand of Lumens strengthen, contributing to their long-term value.
Stellar $XLM benefits from an active developer community focused on building innovative financial solutions. The Stellar Development Foundation (SDF), a non-profit entity dedicated to the project, provides extensive resources, grant programs, and technical support to developers.
Its strategic partnerships have further propelled its success. Collaborations with IBM, Circle, and Deloitte have validated Stellar $XLM’s capabilities among prominent players in finance and technology. The network’s compatibility with stablecoins, like USDC, has expanded its appeal as a reliable infrastructure for digital payments and financial applications.
As of 2025, Stellar $XLM has continued to expand its ecosystem with important updates and partnerships. The network has integrated enhanced scalability features to handle growing transaction volumes. Its collaboration with MoneyGram to enable crypto-to-cash and cash-to-crypto transfers has also bridged the gap between traditional finance and blockchain.
Furthermore, the Stellar Development Foundation has launched programs to drive adoption in emerging markets, targeting financial inclusion in unbanked and underbanked regions. With growing interest from governments and institutions worldwide, Stellar $XLM remains a forefront contender in the race to modernize financial infrastructure.
Stellar $XLM has solidified its reputation as a transformative blockchain solution with its technical prowess, efficiency, and real-world use cases. Through its innovative Stellar Consensus Protocol, partnerships with major institutions, and focus on financial inclusion, Stellar $XLM provides a unique approach to solving global payment challenges.
With continuous developments and increasing adoption, Stellar $XLM stands as a robust platform poised to redefine how currencies and assets are exchanged across borders in the digital era.
The Stellar Consensus Protocol (SCP) is a unique mechanism that ensures fast, secure, and energy-efficient transactions by achieving agreement across a decentralized network without traditional mining. It enables scalability and low transaction costs, making the network highly practical for global payments.
Stellar $XLM enables currency conversions through Anchors, which are trusted entities that bridge fiat currencies and digital assets. These Anchors issue assets tied to fiat currencies, enabling seamless conversions and payments between users in different currencies.
The built-in decentralized exchange (DEX) on Stellar $XLM allows users to trade assets directly on the blockchain without intermediaries. This feature supports efficient, low-cost trading of various tokens and fiat-backed assets.
Stellar $XLM has partnered with institutions like IBM for its World Wire cross-border payment system and MoneyGram for crypto-to-cash transfers. These partnerships highlight its ability to bridge blockchain and traditional finance.
Unlike blockchains using energy-intensive Proof-of-Work mechanisms, Stellar $XLM leverages the Stellar Consensus Protocol to minimize energy consumption while maintaining high transaction throughput and security.
Stellar $XLM provides affordable transaction fees and cross-border remittance solutions, making financial services accessible to underbanked and unbanked regions. It supports the tokenization of local currencies to enable seamless conversions and transfers.
Stellar $XLM is capable of handling thousands of transactions per second with low latency and negligible fees, aided by its lightweight architecture and efficient consensus mechanism.
Stellar $XLM collaborated with the Ukrainian government to develop a digital version of their national currency, the hryvnia, showcasing its relevance in building national-level blockchain solutions.
Stellar $XLM supports USDC, enabling stablecoin transactions within its network for efficient cross-border payments, reducing volatility while enhancing liquidity and usability.
The Stellar Development Foundation (SDF) provides resources such as grants, APIs, and documentation, supporting developers in building innovative financial tools and services on the Stellar $XLM blockchain.
Stellar's unique feature lies in its minimal transaction fees of 0.00001 XLM, enabling almost real-time cross-border transactions at a fraction of the cost compared to traditional fiat-based systems.
Stellar (XLM) was founded by Jed McCaleb, co-founder of Ripple, along with partner Joyce Kim and David Mazieres in 2014, with a vision to democratize financial access and inclusion.
Stellar (XLM) was launched with the support of key early backers. Stripe provided $3 million in seed funding in exchange for 2 billion XLM tokens, with Stripe’s CEO Patrick Collison co-founding and collaborating on the Stellar Development Foundation (SDF). Other notable contributors and early investors include Stellar co-founders Jed McCaleb and Joyce Kim, as well as prominent angel investors such as Keith Rabois, Sam Altman, Naval Ravikant, and Matt Mullenweg, who helped provide strategic guidance and capital during the platform’s early development.
You can buy Stellar (XLM) on Binance, Gate.ioMEXCBitgetBybit cryptocurrency exchanges.
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