What is Stellar Lumen (XLM)?

Stellar Lumen (XLM) is the native cryptocurrency of the Stellar network, a blockchain designed to make money transfers fast, secure, and low-cost across borders.

Key points about XLM:

Bridge currency: XLM helps facilitate transactions between different currencies, making cross-border payments seamless.
Low fees: Transactions on Stellar are extremely cheap, often costing just a fraction of a cent.
Speed: Transfers are processed in just a few seconds, unlike traditional banking methods.
Security: Every transaction is recorded on the Stellar blockchain, ensuring transparency and trust.

With XLM, Stellar creates a global financial network that connects people, banks, and payment systems efficiently.

Updated on: 02/09/2025

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