What is Stellar ?
Stellar (XLM): the crypto aiming to connect global financial systems 🌍
In the crypto world, Stellar stands out. Far from meme coins and hype, this project is solving a real issue: slow and expensive international money transfers.
Launched in 2014 by Jed McCaleb (co-founder of Ripple), Stellar’s mission is to make global payments faster, cheaper, and accessible to all, especially in developing countries.
The core of Stellar: speed and inclusion
Stellar is an open and decentralized blockchain built to connect financial institutions, businesses, and individuals.
Its token, XLM (or Lumen), has two main functions:
- It acts as a bridge between fiat currencies to facilitate exchanges,
- It pays for transaction fees, which are extremely low (usually under a cent).
With Stellar, you can send money across borders in seconds, exchanging euros to pesos, for example, without a traditional bank.
Real partnerships for real-world use
Stellar is more than just a concept. It’s backed by major institutions like MoneyGram and supported by the Stellar Development Foundation, which drives its adoption.
Stellar can be used to:
- Send money abroad without high bank fees,
- Create stablecoins or tokenized real-world assets,
- Bridge traditional money with DeFi.
Why monitor Stellar with Coinstancy?
Stellar is a crypto with a real-world mission, making it appealing for impact-driven investors. At Coinstancy, we focus on useful, practical crypto projects—not just speculation.
XLM remains affordable and accessible, with an active ecosystem, proven tech, and concrete use cases.