Сьогоднішня ціна XLM

Unlocking Global Financial Inclusion with Stellar (XLM)   

Stellar (XLM) offers investors a unique opportunity in the blockchain space. It provides fast and low-cost cross-border transactions through its decentralized network.  

The project was co-founded by Jed McCaleb in 2014 to foster financial inclusion and scalability. It puts more emphasis on individual users rather than institutions and is supported by the Stellar Development Foundation.  

Stellar presents a compelling blend of innovation and potential for growth in the global digital payment sector.  

What is Stellar (XLM)?   

Stellar is a decentralized cryptocurrency and payment protocol that facilitates rapid, cost-efficient cross-border transactions. It was founded by Ripple co-founder Jed McCaleb and lawyer Joyce Kim. 

This project is developed by the Stellar Development Foundation, a non-profit organization. Stellar utilizes blockchain technology and the Stellar Consensus Protocol (SCP) for secure and reliable transactions.  

The platform is notable for its ability to seamlessly exchange and support various currencies. It allows users to create, issue, and manage their own digital assets.  

This feature is crucial for promoting financial inclusion, particularly in developing regions with limited access to traditional financial services. Stellar's native cryptocurrency, the lumen (XLM), is used to cover transaction and account initialization fees on the network. 

By leveraging trusted entities like banks, known as anchors, Stellar connects financial institutions, payment systems, and individuals worldwide. This ensures low-cost financial transactions across different assets, bridging the gap between fiat and digital currencies.  

The platform’s focus on empowering the unbanked and enhancing economic opportunities in underserved regions aligns it with global initiatives for financial inclusion. 

Key Features of Stellar (XLM)  

1. Speed and Cost: Processes 1,000–5,000 transactions per second (TPS) with fees as low as $0.000001.   
2. Stellar Consensus Protocol (SCP): A energy-efficient, federated Byzantine Agreement (FBA) model.   
3. Decentralized Exchange (DEX): Built-in DEX for asset swaps without intermediaries.   
4. Smart Contracts: Soroban, a Rust-based smart contract platform, launched in 2023.  
5. Anchors: Partners like TEMPO (remittances) and Circle (USDC) facilitate fiat conversions.   

Use Cases of Stellar (XLM)   

Stellar (XLM) is applied across a diverse range of use cases, leveraging its efficiency in facilitating cross-border transactions. For instance, Flutterwave utilizes Stellar for Africa-to-global transfers providing significant reductions in cost. This is evident in its Send by Flutterwave service, which has already processed a substantial volume of payments. 

 Additionally, Stellar has been involved in significant initiatives related to Central Bank Digital Currencies (CBDCs), including Ukraine's e-hryvnia pilot in 2021.  

Similarly, DECTA and Next Generation are launching EURT, a Euro-pegged stablecoin compliant with MiCA regulations. EURT aims to offer a reliable digital Euro alternative, enhancing mainstream financial use of stablecoins. It will operate on the Stellar blockchain, among others. 

Furthermore, Stellar supports tokenization on its network, notably with USDC launched in 2021. It has seen millions in USDC issued since then.  

Lastly, the Velo Protocol also utilizes Stellar for cross-border settlements. It focuses on streamlining liquidity across Asian markets.  

History   

1. 2014: Stellar founded; initial XLM supply: 105 billion.   
2. 2015: SDF established as a non-profit.   
3. 2017: Partnership with IBM for World Wire (cross-border payments).   
4. 2019: 50 billion XLM burned, discontinuing inflation; supply capped at 50 billion.   
5. 2021: MoneyGram partnership (discontinued in 2023); Ukraine CBDC pilot.   
6. 2023: Soroban smart contracts and Protocol 18 upgrade.   

How Stellar (XLM) Works   

Transaction Process   

Stellar transactions typically settle in 3–5 seconds using the Stellar Consensus Protocol (SCP). It ensures secure validation among nodes like IBM. PathPayments dynamically route transactions through multiple assets to optimize conversion rates. It reduces costs and is utilized effectively by platforms like Velo Protocol for Asian cross-border settlements.  

Wallets   

Stellar is supported by user-friendly wallets like Lobstr (over 1 million users), Solar Wallet, and Ledger hardware wallets. 

Security Features  

Stellar's security is bolstered by the Stellar Consensus Protocol (SCP). It utilizes over 100 decentralized nodes to validate transactions securely. The Quorum Slices mechanism ensures consensus through overlapping node groups. It enhances resilience against failures.  

Additionally, Stellar's robust Bug Bounty Program helps maintain the network's integrity through regular vulnerability assessments and fixes. It is further reinforced by security audits. 

The Impact of Stellar (XLM) in the Tokenized Assets Market  

Stellar's emphasis on regulatory compliance has made it a preferred platform for projects bridging traditional finance and decentralized finance (DeFi). It hosts a range of products such as tokenized bonds and stablecoins, like USDC. These have benefited from Stellar's adherence to regulatory standards. 

Additionally, Stellar has secured significant institutional backing, with partners such as Circle and the Franklin Templeton fund. These have leveraged the network to launch tokenized financial products, further solidifying Stellar's position in the market. 

Stellar's scalability and security are facilitated by the Stellar Consensus Protocol (SCP). It allows for fast and secure transactions without traditional energy-intensive validation methods. This efficiency makes it an optimal choice for financial institutions needing reliable asset tokenization and transfer mechanisms.  

Moreover, Stellar stands out in the tokenized assets market due to its exceptional cost efficiency and high speed. It enables near-instant transactions at a fraction of the cost compared to platforms like Ethereum. This cost-effectiveness makes it particularly appealing for large-scale financial applications.  

Key Aspects of Stellar’s Tokenomics 

Total Supply and Circulating Supply  

Stellar's total supply is fixed at 50 billion XLM, established following a significant burn of 55 billion XLM in 2019 to prevent inflation and align with the project's goals.  

As of recent updates, the circulating supply is approximately 30.78 billion XLM.  

Issuance Schedule 

Stellar's initial supply was 105 billion XLM at its launch in 2014, but it was reduced by the Stellar Development Foundation to 55 billion XLM to stabilize the network. As a result, Stellar does not follow a traditional issuance schedule like many other cryptocurrencies.  

Instead, it maintains a fixed total supply.  

Consensus Protocol  

The Stellar Consensus Protocol (SCP) is a proprietary consensus mechanism. It is designed to facilitate rapid and secure transactions without relying on traditional proof-of-work or proof-of-stake methods.  

Instead, validators on the network are incentivized through transaction fees. This eliminates the need for staking rewards and ensuring a more centralized validation process that is energy-efficient and scalable.  

Utility and Adoption 

Stellar's utility and adoption continue to grow, particularly through its support of USDC on its network since 2021. This integration highlights XLM's role as a bridge currency, facilitating cross-border transactions efficiently.  

Additionally, institutions like Circle and Settle Network, millions of dollars monthly. It leverages Stellar for stablecoin issuance and settlement. This emphasizes its adoption in mainstream financial applications. 

Current Trends and Future Outlook    

As of April 2025, XLM was trading at $0.2366 with a market cap of $7.28 billion. It reached its all-time high of $0.9381 in January 2017 with a peak market cap of $15.75 billion in May 2021. 

Technologically, Soroban, Stellar's innovative smart contract platform aims to onboard more developers by 2025. Its focus on ease-of-use and scalability is anticipated to attract a broad range of developers from both Web2 and Web3 backgrounds. 

Additionally, Stellar's decentralized approach presents a distinct advantage over more centralized systems. It offers institutions a distributed solution that aligns with their preference for decentralized architectures.  

The combination of speed, affordability, and financial inclusion positions XLM as a strong contender to capitalize on the widespread adoption of ISO 20022. It is expected to revolutionize financial messaging and cross-border transactions globally. 

XLM is emerging as a significant player in the cross-border payment landscape, particularly in the ISO 20022 era. Stellar's focus on financial inclusion resonates with the benefits of ISO 20022. 

It enables faster and more affordable transactions, which are keys to reaching underserved populations. The Stellar network itself is fast and scalable, capable of handling high transaction volumes. This makes it an attractive choice for institutions looking to integrate into the new financial messaging system. 

Conclusion  

Stellar (XLM) stands at the forefront of blockchain-driven financial innovation. It offers unmatched speed, cost efficiency, and regulatory compliance.  

With strategic partnerships and initiatives like Soroban, it is poised to reshape global finance. Evolving regulations, however, remain key challenges.  

Hopefully, Stellar’s mission to create equitable access to the global financial system will come to fruition in spite of them. The underserved and excluded from traditional banking services will stand to benefit from Stellar’s success. 

FAQs   

1. What is Stellar (XLM)?   

Stellar (XLM) is the native cryptocurrency of the Stellar network, designed to facilitate fast and low-cost cross-border transactions. 

1. What is the Stellar Consensus Protocol (SCP)? 

SCP is a decentralized consensus mechanism used by Stellar to secure and validate transactions without relying on traditional proof-of-work or proof-of-stake methods. 

1. What is Soroban? 

Soroban is Stellar's smart contract platform. It aims to make building decentralized applications (dApps) easier and more accessible. 

1. What are the key use cases of Stellar?   

Key use cases include remittances, Central Bank Digital Currencies (CBDCs), tokenization (e.g., USDC), and gaming/micropayments. 

1. Where can I buy Stellar (XLM)?  

You can buy Stellar (XLM) on major centralized exchanges like CoinW. 

1. How secure is the Stellar network?  

The Stellar network is secured by over 100 decentralized nodes using the SCP, ensuring fast and secure validation without energy-intensive mining processes. 

1. What is the current circulating supply of XLM? 

As of April 2025, the circulating supply of XLM is approximately 30.78 billion XLM, out of a fixed total supply of 50 billion XLM.