Stellar is an open financial network focused on enabling low cost and near instant cross-border payments. Where sending money across borders can currently take days or weeks with multiple intermediaries charging up to 10% of the total, transactions on the Stellar network settle in 5 seconds and currently cost under a penny. Stellar’s goal is to create better financial services for developing countries and unbanked populations where both institutions and individuals alike can participate. The native cryptoasset of the Stellar Network is the Stellar Lumen (XLM).
- Project website: https://www.stellar.org/
- Twitter handle: @StellarOrg