Stellar (XLM) is a decentralized, open-source blockchain platform focused on facilitating fast and low-cost cross-border payments. Launched by the Stellar Development Foundation, Stellar’s primary aim is to connect financial institutions, payment providers, and individuals, allowing them to send money globally with minimal fees. XLM, the native token of the Stellar network, is used for transaction fees and acts as a bridge currency in cross-asset transfers. Stellar’s consensus protocol ensures quick transaction confirmation times, making it ideal for payments and remittances. For live XLM prices, historical data, and market insights, visit our Stellar Markets page to stay informed on Stellar’s impact in the blockchain and financial technology sectors.
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