Stellar XLM

At the moment, XLM is trading at $0.2518.

The current XLM’s ATH is $0.9381. The XLM’s ATL is $0.0012.

Stellar (XLM) is used for fast and low-cost international money transfers, as well as for exchanging various digital and fiat assets. Its decentralized network enables financial institutions, businesses, and individuals to conduct transactions with minimal fees and high speed. Because of this, Stellar is widely utilized for cross-border payments, micropayments, and integration with banking systems. Additionally, Stellar provides a platform for issuing tokenized assets, including stablecoins and digital representations of fiat currencies.

The development of the Stellar network is overseen by the non-profit organization Stellar Development Foundation (SDF), founded in 2014. The foundation's headquarters is located in the United States, and it focuses on supporting, developing, and promoting the Stellar ecosystem while collaborating with various companies and financial institutions worldwide.

The choice between XLM and XRP depends on the intended use. Both assets are designed for fast and low-cost transactions, but XRP primarily targets the banking sector and corporate payments, while XLM focuses on financial accessibility and individual users. Stellar (XLM) provides a decentralized platform for asset transfers and tokenization, whereas XRP is mainly used for interbank settlements. From a technical perspective, both networks offer high transaction speeds and low fees, but XRP operates on RippleNet, which is controlled by Ripple, while Stellar takes a more decentralized approach. If integration with banks and large financial institutions is a priority, XRP may be the better option. If openness, accessibility, and decentralization are more important, XLM could be the preferred choice.

Stellar was created in 2014 by Jed McCaleb and the non-profit Stellar Development Foundation (SDF). McCaleb, who was previously involved in the creation of Ripple, designed Stellar as a more decentralized and accessible platform for international payments. Since its launch, the network has been actively developing, attracting partners among financial institutions and companies worldwide.

Stellar (XLM) can be a good investment for those looking at cross-border payment solutions, thanks to its high speed, low transaction fees, and key partnerships with companies like MoneyGram and Circle (issuer of USDC). However, despite these technological advantages, XLM’s price remains volatile and has not reached its all-time high of $0.87 since 2018. Its market capitalization is significantly lower compared to leading cryptocurrencies, and competition from Ripple (XRP) limits its growth in the cross-border payments sector. Thus, while Stellar has good prospects within its niche, its investment potential depends on further development and global adoption of the technology.

You can buy Stellar (XLM) on various cryptocurrency exchanges or through P2P platforms, where users can trade crypto directly with each other, bypassing intermediaries. On these platforms, you can find offers to buy XLM using fiat currencies or other cryptocurrencies and choose the payment methods that work best for you. When using P2P platforms, it's important to check the ratings and reviews of sellers, and follow safety measures to minimize risks.