¥1.70
-¥0.05464 (3.21%) 1d
Overview
What is Stellar (XLM)?
Stellar is a native blockchain designed to streamline global value transfers by enabling participants to create and utilize blockchain-based assets. Its native currency, Lumen (XLM), serves as the network’s fuel for transactions and smart contracts.
👉 Discover how Stellar compares to other top cryptocurrencies
How Does Stellar (XLM) Work?
Stellar operates as an open-source blockchain that simplifies cross-border payments by eliminating intermediaries like banks. Key features include:
- Asset Tokenization: Supports stablecoins (e.g., USDC) and commodities (e.g., gold-backed tokens).
- Stellar Consensus Protocol (SCP): A energy-efficient alternative to proof-of-work, enabling fast, low-cost transactions.
- Built-in Decentralized Exchange (DEX): Facilitates seamless trading of assets issued on the network.
- Regulatory Compliance: Optional KYC/AML integration for asset issuers.
The Stellar Development Foundation (a non-profit) oversees the network’s growth.
XLM to USD/CNY Real-Time Price
XLM’s price fluctuates based on market demand. Use cases driving its value:
– Transaction Fees: Paid in XLM for network operations.
– Liquidity: Traded on major exchanges like Binance and OKX.
Current metrics (top of page) include:
– Live price chart (24-hour trends).
– Market data (volume, supply).
👉 Track XLM’s price movements with advanced tools
XLM Key Metrics
| Metric | Value |
|---|---|
| Market Cap | ¥528.98亿 |
| 24h Volume | ¥8.93亿 |
| Circulating Supply | 310.69亿 XLM |
| All-Time High | ¥4.57 |
Latest Market News
- Flutterwave & Tempo Payments: Leveraging USDC on Stellar for Africa-Europe remittances.
- Ukraine’s CBDC Plans: Partnering with Stellar for digital asset infrastructure.
- EURB Stablecoin: Launched by a European bank, fully regulated and euro-backed.
FAQs
1. How to buy Stellar (XLM)?
Purchase XLM on exchanges like OKX or Binance using fiat or other cryptocurrencies.
2. What is Stellar’s consensus mechanism?
It uses the Stellar Consensus Protocol (SCP), which is faster and greener than Bitcoin’s PoW.
3. Can I stake XLM?
No, XLM doesn’t support staking. It’s used for transaction fees and liquidity.
4. What’s the difference between XLM and XRP?
Both focus on payments, but XRP targets banks, while XLM emphasizes inclusivity for unbanked users.
5. Is Stellar a good investment?
Dependent on market trends; research its use cases and competition before investing.
Conclusion
Stellar’s focus on low-cost remittances and regulatory-friendly assets positions it uniquely in crypto. Monitor its partnerships (e.g., Ukraine’s CBDC) for long-term potential.