Stellar is a decentralized blockchain network designed to enable fast, low-cost cross-border payments, with XLM as its native cryptocurrency. Each transaction incurs a fee of 0.00001 lumens. The Stellar Development Foundation, founded by Jed McCaleb, is responsible for operating the network. Stellar has established partnerships with companies such as IBM and has obtained Sharia-compliant certification. Stellar focuses on remittances and serving the unbanked population, utilizing a unique consensus protocol and supporting a distributed exchange for automated currency conversion. Despite its growing market capitalization and user base, investors are advised to conduct thorough research before considering XLM investments.

XLM-4.22%

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