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Stellar XLM |
BUY
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£0.1348039 |
1.67 % (24h) |
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Marketcap |
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£4,453,517,752 |
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Volume 24h |
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£80,415,555 |
Description
Stellar (XLM) is an open-source decentralized protocol designed to bridge the gap between traditional financial institutions and the digital economy. It allows for the creation, sending, and trading of digital representations of all forms of money, from dollars and euros to bitcoin. The network uses the Stellar Consensus Protocol (SCP), which enables rapid transactions with virtually zero cost, making it ideal for international remittances. Stellar is particularly focused on providing financial services to the unbanked populations of the world through its global network of "anchors."