API ID:
stellar
Trade Symbol:
Coin or Token:
Max Supply:
Use Case:
Launch Date:
Coin Overview
XLM
Coin
50 Billion
Payments, asset tokenization
July 31, 2014
Stellar
Stellar (XLM) is a blockchain built for instant, low-cost money transfers and tokenizing real-world assets—like dollars or euros—on the chain. Its native coin, XLM, acts as a bridge currency and pays for small transaction fees. Stellar is optimized for global payments, helping move value quickly, reliably, and affordably.
A Deeper Dive
Technology & Use Case
Stellar uses a unique consensus called the Stellar Consensus Protocol (SCP), which lets trusted nodes validate transactions quickly without mining. This makes transactions fast (2–5 seconds) and very low cost, useful for micropayments, remittances, and converting between currencies seamlessly. Stellar also supports tokenizing assets like stablecoins and real-world items, making them tradable and programmable on-chain.
Origins & Team
Stellar was founded in 2014 by Jed McCaleb (co-founder of Ripple) and Joyce Kim, with early support from Stripe’s Patrick Collison. It launched via the nonprofit Stellar Development Foundation aiming to connect the world’s financial systems. In 2019, the foundation burned half of all XLM (55 billion tokens), reducing supply and enhancing economic sustainability.
Ecosystem & Partnerships
Stellar has real-world use beyond crypto—it's used for cross-border payments, remittances, and digital aid. Projects like Aid Assist help distribute relief funds to refugees quickly and securely. Partnerships include banks, payment networks, and humanitarian organizations like UNHCR. On development, Stellar empowers asset tokenization, on/off-ramps, microtransactions, and DeFi, especially with its new smart contract platform Soroban.
A Deeper Dive
Popular Exchanges
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