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Stellar Crypto XLM Token Tea Coffee Mug Gift
Stellar Crypto XLM Token Tea Coffee Mug Gift
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Launched in 2014 by Jed McCaleb (who also co-founded Ripple), Stellar (XLM) is a decentralized open network designed to make moving money across borders as easy as sending an email. While it shares some DNA with XRP, Stellar differentiates itself by focusing on financial inclusion and connecting individuals, banks, and payment systems worldwide. The platform enables users to create digital representations of any currency (like digital dollars or euros) and swap them seamlessly using its built-in decentralized exchange. The network is secured by the Stellar Consensus Protocol (SCP), an eco-friendly federated voting system that allows transactions to settle in seconds for fractions of a cent. The native token, Lumens (XLM), serves as a bridge asset to facilitate trades between different currencies and acts as an anti-spam mechanism, requiring users to hold a small balance to keep accounts active. Recently, the network significantly upgraded its capabilities with Soroban, a smart contract platform that brings full DeFi functionality to the ecosystem.
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