What is the Stellar Network?
The Stellar Network is a public and decentralized blockchain designed to enable fast, secure, and low-cost money transfers between individuals, businesses, and banks worldwide.
Key points about Stellar:
- Easy cross-border transfers: Allows money to move seamlessly between different currencies.
- Fast and low-cost: Transactions are completed within seconds with minimal fees.
- Secure and transparent: Every operation is recorded on the blockchain, ensuring trust.
- Supports cryptocurrencies and stablecoins: Enables the use of digital assets like XLM or USDC on the network.
Stellar creates a global financial system that efficiently and reliably connects people, businesses, and financial institutions.
Updated on: 02/09/2025
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