Project name: Stellar Lumens，XLM
Circulating Supply :
Stellar is a new payment system similar to Ripple recently launched by McCaleb, the original founder of Mt-Gox and Ripple. Joyce King, executive director of the Stellar Development Foundation, said that Stellar will serve as a bridge between legal currency and digital currency, which is the key to the adoption of digital currency by mainstream users. This new platform is a decentralized gateway for transmission between digital currency and fiat currency. Like Ripple and Bitcoin, Stellar will also have its own digital currency, Stellar.
The network created by Stellar Lumens has the same functions as the Ripple payment network. It can transfer any currency, including US dollars, Euros, Renminbi, Japanese yen or Bitcoin. It is simple and fast. It relies on the Bitcoin blockchain technology. Connect 180 currencies in the world within 2-5 seconds, connect banks, payment systems and the general public, and reduce transaction costs and time delays caused by cross-border payments.
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