Stellar (XLM)

An open-source, decentralized network established in 2014, governed by the non-profit Stellar Development Foundation , designed for fast, low-cost value transfers across currencies and assets, bridging traditional finance and digital networks.

What is Stellar?

Global open-source infrastructure for fast, low-cost cross-currency transfers, governed by the non-profit Stellar Development Foundation and designed to expand financial access through Anchors connecting traditional and digital finance.

Bitcoin is the first decentralized cryptocurrency, created in 2009 by an individual or group using the pseudonym Satoshi Nakamoto. It operates as a peer-to-peer electronic payment system that enables direct transactions between users without intermediaries such as banks or payment processors.

Bitcoin transactions are secured using the SHA-256 cryptographic algorithm and recorded on a distributed public ledger called a blockchain, maintained across thousands of computers worldwide. New blocks are added approximately every 10 minutes.

Global Financial Infrastructure

Stellar operates as global infrastructure designed to facilitate fast, low-cost value transfers across currencies and assets. The platform aims to bridge traditional financial systems with digital networks through trusted intermediaries.

Anchors & Financial Inclusion

Anchors are trusted entities that hold deposits and issue credits on the Stellar ledger. This model expands financial access to underserved populations by connecting local financial institutions with the global Stellar network.

Stellar Consensus Protocol (SCP)

Stellar uses the Stellar Consensus Protocol and Federated Byzantine Agreement, in which validators select trusted node sets to reach consensus on ledger state. This enables high throughput with finality within seconds.

Built-in Distributed Exchange

Stellar includes a built-in distributed exchange for peer-to-peer asset trading, allowing users to trade any asset issued on the network without relying on a centralized exchange or off-chain intermediary.

Soroban Smart Contracts

The Soroban platform enables smart contract development on the Stellar network, supporting tokenization of real-world assets and decentralized finance applications with the performance characteristics of the Stellar infrastructure.

XLM Token Functions

XLM acts as an intermediary asset enabling efficient exchange paths between different currencies. It also supports network security through transaction fees and minimum account balance requirements that prevent spam.

Adoption & Governance

Stellar combines non-profit governance, a fixed token supply, and real-world asset capabilities to deliver sustainable, decentralized financial infrastructure.

No Inflation Mechanism

Unlike networks with ongoing token issuance, Stellar has no inflation mechanism after the community voted to disable automatic token creation. This decision preserves token scarcity and aligns the network with long-term sustainability.

Real-World Assets & DeFi

The Soroban smart contract platform supports tokenization of real-world assets and DeFi applications on Stellar, enabling institutions to issue and trade regulated digital assets using the network's low-cost, fast settlement layer.

Non-Profit Foundation & Community

Governed by the Stellar Development Foundation, the network is sustained by a decentralized community of validators and developers. While Stripe provided early funding, the project no longer relies on traditional venture capital for operations.

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