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Stellar current price is $0.620.

Stellar current price is $0.620 with a marketcap of $14.19 B. Its price is 2.22% up in last 24 hours.


Buy / Sell Stellar
  • stellar
    Stellar (XLM)
  • Live Price
    $0.620
  • 24h %
    2.22%
  • Market Cap
    $14.19 B
  • Volume
    $2.01 B
  • Available Supply
    22.88 B XLM
  • Rank
    15

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★ More Info About Stellar

The Stellar network is an open source, distributed, and community owned network used to facilitate cross-asset transfers of value. Stellar aims to help facilitate cross-asset transfer of value at a fraction of a penny while aiming to be an open financial system that gives people of all income levels access to low-cost financial services. Stellar can handle exchanges between fiat-based currencies and between cryptocurrencies. Stellar.org, the organization that supports Stellar, is centralized like XRP and meant to handle cross platform transactions and micro transactions like XRP. However, unlike Ripple, Stellar.org is non-profit and their platform itself is open source and decentralized. Stellar was founded by Jed McCaleb in 2014. Jed McCaleb is also the founder of Mt. Gox and co-founder of Ripple, launched the network system Stellar with former lawyer Joyce Kim. Stellar is also a payment technology that aims to connect financial institutions and drastically reduce the cost and time required for cross-border transfers. In fact, both payment networks used the same protocol initially. Distributed Exchange Through the use of its intermediary currency Lumens (XLM), a user can send any currency that they own to anyone else in a different currency. For instance, if Joe wanted to send USD to Mary using her EUR, an offer is submitted to the distributed exchange selling USD for EUR. This submitted offer forms is known as an order book. The network will use the order book to find the best exchange rate for the transaction in-order to minimize the fee paid by a user. This multi-currency transaction is possible because of "Anchors". Anchors are trusted entities that hold people’s deposits and can issue credit. In essence, Anchors serves as the bridge between different currencies and the Stellar network. Lumens (XLM) Lumens are the native asset (digital currency) that exist on the Stellar network that helps to facilitate multi-currency transactions and prevent spams. For multi-currency transactions, XLM is the digital intermediary that allows for such a transaction to occur at a low cost. In-order to prevent DoS attacks (aka spams) that would inevitably occur on the Stellar network, a small fee of 0.00001 XLM is associated with every transaction that occurs on the network. This fee is small enough so it does not significantly affect the cost of transaction, but large enough so it dissuades bad actors from spamming the network. The collected fee is then redistributed and added to an inflation pool. This inflation pool releases Lumens at a rate of 1% each year.

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Stellar Twitter News Feed

Tune in to @ParisFinForum on Thursday, where @DenelleDixon will join a panel on how 'Digital Assets are Going Mainstream'.

Learn more and see the full agenda at https://www.parisfintechforum.com/

If you're wondering what we've been up to since the start of the year, we covered all the highlights this morning in our quarterly call — including unveiling a new case study video of @dstoq. Check out the recording and read the full Q1 2021 report on our blog. https://twitter.com/StellarOrg/status/1382067139805347842

Stellar@StellarOrg

Couldn't make it to our Quarterly Review? Catch up on Q1 2021 highlights, discussion, and Q&A over at our blog recap! You'll also be able to access the recording of the call and our quarterly report:

https://stellardf.org/32bekMH

Couldn't make it to our Quarterly Review? Catch up on Q1 2021 highlights, discussion, and Q&A over at our blog recap! You'll also be able to access the recording of the call and our quarterly report:

https://stellardf.org/32bekMH

We're thrilled to share our brand new case study on @DSTOQ!

@CraigDSTOQ (CEO, DSTOQ) explains how DSTOQ is bringing affordable and accessible cross-border investing to the markets that need it the most, all on Stellar.

https://www.stellar.org/case-studies/dstoq
https://www.dstoq.com/

📣 10 minutes to start "The Future of Finance: Digital Assets and Beyond"

🎯 We'd love to hear about your experience
👉 Reach out to us on Twitter and LinkedIn, use the hashtag #EBCvirtual to join in on the conversation!

@luzparrondo
@StellarOrg
@ING_news
@GrupoBME

Reminder: The Stellar Development Foundation Quarterly Review is starting soon!

Register below: https://stellardf.org/2QlkiHY

The #Stellar Monthly Roundup for April 2021 is here!

As a reminder, the "SDF Q1 in Review" is tomorrow! Event details and registration can be found the link below.

Read it now!
https://stellar.org/newsletters/april-2021

SDF's line-up @EBlockchainCon continues on Tuesday with our GC, Candace Kelly, joining a panel on The Future of Finance: Digital Assets and Beyond.

To learn more about the event or watch live, visit https://eblockchainconvention.com

Tune in on Monday to hear @DenelleDixon live at @EBlockchainCon discussing how we create equitable access to the global financial system.

Learn more about the event and see the full agenda here: https://eblockchainconvention.com

Join @FredericRezeau, @stevewalkr, and @tyvdh on April 15 for a discussion on NFTs and the different challenges and opportunities they present for Stellar-based projects.

https://www.stellar.org/events/nfts-on-stellar

VP of Ecosystem, Justin Rice, joined Blockhash Podcast to share what brought him to blockchain (@jedmccaleb had something to do with it), what we're working on at SDF, & the important role the ecosystem plays in growing the network.

Listen here:
https://stellardf.org/3dJ95t9

LIVE with Jordan Edelstein Chief Marketing Officer for the Stellar Development Foundation @StellarOrg #XLM #StellarFamily https://www.pscp.tv/w/czNJkjFEWktvRHZySllZamF8MVlxS0RlZG9ua0RHVgN4Qckr1bOwIgzZTs2ISm0N-rf6MRpi8JckxmSm8yQS

Starting soon: SDF General Counsel Candace Kelly joins the Blockchain by Women Panel on Ensuring Privacy and Security of Digital Assets and Blockchain Apps.

Sign up for free below: https://www.eventbrite.com/e/ensuring-privacy-and-security-of-digital-assets-and-blockchain-apps-tickets-146034692697?aff=panelists

You're invited to SDF's Quarterly Review!

Join us on Tuesday, April 13, 2021 at 9:00am PT for a presentation of Stellar Development Foundation’s work in Q1.

Register for free:
https://stellar.org/events/stellar-development-foundation-q1-2021-review

Yesterday, SDF submitted a supplemental comment letter to FinCEN in response to its proposed digital asset transaction rule. Our General Counsel, Candace Kelly, shared the full letter and context for our submission on our blog.

https://stellar.org/blog/sdfs-supplemental-comment-letter-on-fincens-nprm

SDF COO @jachlipala was featured on the latest @GldSlvBtc podcast discussing his path to blockchain and Stellar, the state of Stellar technology, adoption, and its future.

Tune in here: https://goldsilverbitcoin.com/42-jason-chlipala/"

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