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XLM

Stellar (XLM)

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We tell you everything you need to know

What is the Stellar cryptocurrency?

Stellar (XLM) is a cryptocurrency and open-source platform aimed at facilitating fund transfers and digital asset issuance. Its main focus is enabling fast and affordable cross-border transactions.

How does Stellar work?

Stellar operates through a decentralized network of servers that agree on the network's status. It allows people to issue digital assets, such as tokens representing fiat currencies, and facilitates their transfer among users. It also uses a consensus mechanism called SCP (Stellar Consensus Protocol) to ensure transaction security and reliability.

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