The Stellar network is an open source, distributed, and community owned network used to facilitate cross-asset transfers of value. Stellar aims to help facilitate cross-asset transfer of value at a fraction of a penny while aiming to be an open financial system that gives people of all income levels access to low-cost financial services. Stellar can handle exchanges between fiat-based currencies and between cryptocurrencies. Stellar.org, the organization that supports Stellar, is centralized like XRP and meant to handle cross platform transactions and micro transactions like XRP. However, unlike Ripple, Stellar.org is non-profit and their platform itself is open source and decentralized. Through the use of its intermediary currency Lumens (XLM), a user can send any currency that they own to anyone else in a different currency.
Stellar was founded by Jed McCaleb in 2014. Jed McCaleb is also the founder of Mt. Gox and co-founder of Ripple, launched the network system Stellar with former lawyer Joyce Kim. Stellar is also a payment technology that aims to connect financial institutions and drastically reduce the cost and time required for cross-border transfers. In fact, both payment networks used the same protocol initially.
Stellar Stats:
Stellar Price $0.063184 USD Stellar ROI 2,023.35% Market Rank #10 Market Cap $1,265,190,806 USD 24 Hour Volume $272,119,784 USD Circulating Supply 20,023,782,794 XLM Total Supply 105,403,692,858 XLM Max Supply No Data All Time High $0.938144 USD (Jan 04, 2018) All Time Low $0.001227 USD (Nov 18, 2014) 52 Week High / Low $0.284025 USD / $0.053447 USD 90 Day High / Low $0.100108 USD / $0.053447 USD 30 Day High / Low $0.087906 USD / $0.053447 USD 7 Day High / Low $0.064031 USD / $0.058326 USD 24 Hour High / Low $0.064031 USD / $0.061145 USD Yesterday's High / Low $0.062594 USD / $0.061137 USD Yesterday's Open / Close $0.061383 USD / $0.061886 USD Yesterday's Change $0.000503 USD (0.82%) Yesterday's Volume $214,910,502 USD