Basic Information
- Full Name: Stellar
- Symbol: XLM
- Commonly Known As: Lumens (Stellar's native currency)
- Jurisdiction: United States
- Key Investors: Initial $3M loan from Stripe (later repaid in XLM)
- Adoption: Integrated by 14 international banks and ~30 payment/remittance companies
What Is Stellar?
Stellar is an open-source protocol for cross-border payments and asset exchanges. Its decentralized ledger enables:
✔ Real-time transactions
✔ Low-cost remittances
✔ Fiat-to-crypto gateways
✔ Built-in decentralized exchange (DEX)
Unlike traditional systems, Stellar's path payments automatically find optimal conversion routes between currencies.
Tokenomics
| Metric | Details |
|---|---|
| Total Supply | 103,708,899,665 XLM |
| Circulating Supply | 18,467,812,930 XLM |
| Distribution Model | No ICO/private sales |
Allocation Breakdown:
- 50% - Public giveaways
- 25% - Institutional partners
- 20% - Bitcoin holders (completed)
- 5% - Foundation operations
👉 Discover how XLM compares to other payment cryptocurrencies
Technology Highlights
- Stellar Consensus Protocol (SCP): Energy-efficient alternative to PoW/PoS
- Anchor System: Trusted entities bridge crypto and traditional finance
- Multi-currency Support: Trade assets without centralized intermediaries
Adoption & Partnerships
Major integrations include:
- IBM World Wire (blockchain-powered payments)
- Tempo (EUR-focused remittance platform)
- Flutterwave (African fintech solution)
FAQ
Q: How does Stellar differ from Ripple (XRP)?
A: While both facilitate cross-border payments, Stellar focuses on financial inclusion for unbanked populations rather than banking infrastructure.
Q: Is XLM inflationary?
A: The network has a fixed annual inflation rate of 1%, though this can be adjusted via governance votes.
Q: What wallets support XLM?
A: Recommended options include Ledger hardware wallets and Solar Wallet (official Stellar wallet).
Why Stellar Matters
As global finance becomes more interconnected, Stellar's interoperability solutions position it as a key player in:
- Emerging market banking
- Microtransaction economies
- CBDC (Central Bank Digital Currency) infrastructure
👉 Explore real-world XLM use cases
Official Resources
Disclaimer: This content is for informational purposes only and should not be considered financial advice.