Stellar is an open international network that aims for the efficient circulation of money across the globe. While its priorities were giving inclusivity to unbanked areas of the world, it shifted to providing financial connections through the power of blockchain systems.
Stellar provides low-cost trades between borders and continues to challenge financial service providers who have high transaction fees. It was founded by Jed McCaleb, who left Ripple in the year 2013. Since then, it has become a reliable method to transfer real-world fiat money to cryptocurrencies.
Stellar’s price has continued to surge as time passed by. Partnerships with large companies such as IBM help Stellar create more efficient solutions for users around the world. More people are investing in Stellar, and this signifies a healthy future for the platform. Who knows? Maybe it can replace famous payment options such as Paypal soon.
