What Is Stellar (XLM) Cryptocurrency and How Does It Work?

 Stellar

(XLM)

Stellar was created in 2014 by Jed McCaleb after leaving Ripple. Its mission is to improve global payments and financial access.

Understanding XLM:
XLM acts as a bridge asset that helps move value between different currencies and payment systems.

Value Proposition:
Stellar focuses on low-cost international transfers. Banks, payment providers, and fintech companies can use Stellar’s network to settle transactions quickly and efficiently.