Stellar
XLM
$0.148
1.08
%
#16
64
14
9
37
9
0
AI Summary
Last updated Nov 10, 2026Designed to facilitate cross-border transactions, Stellar aims to connect financial institutions and significantly reduce transaction costs. It operates on a decentralized network, enabling quick and efficient currency exchanges.
Stellar ranks #17 in the cryptocurrency market. The circulating supply stands at approximately 32.39 billion XLM, with a maximum supply of 50 billion XLM. The total supply is nearly 50 billion XLM, and the cryptocurrency was launched on July 31, 2014.
Stellar was co-founded by Jed McCaleb, who previously worked on the Ripple protocol. The project focuses on improving financial access for individuals and businesses globally, striving to create a more inclusive financial system.
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Frequently asked questions
What is Stellar (XLM)?
Stellar (XLM) is categorized as a layer 1 blockchain payment coin designed to facilitate cross-border transactions. Stellar aims to solve issues related to high transaction costs, slow transfer times, and limited access to financial services, particularly for unbanked populations. It provides a decentralized platform where fiat currencies and cryptocurrencies can be exchanged quickly and efficiently at low costs.
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Challenges of Stellar (XLM)
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