The Stellar.org Development Foundation (SDF) is a non-profit organization founded in 2014 to support the development and growth of the open-source network. SDF and Stellar seek to unlock the world’s economic potential by making money more fluid, markets more open, and people more empowered. The Foundation helps maintain codebase, supports the technical and business communities around Stellar, and is a speaking partner to regulators and institutions.
Stellar Storage Key Points
|Circulating Supply||22,928,386,492 XLM|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
Why what we do matters
The way the global financial establishment is structured today, people are born into an economy just like they’re born into a political system. The is a way out: it lets people participate in a worldwide, stable, financial network regardless of where they live.
For example, using Stellar, a family in Venezuela can keep some of its savings in dollars, or in euros, and protect itself from local economic upheaval—without having to keep bills “under the mattress” or operate through a gray market broker.
What we’re building
We’re building a new stack for digital assets. Though Stellar is open source and decentralized, SDF leads the development of the network. The Foundation supports both the codebase and the people building on it.
What Makes Stellar Unique?
Fees are a sticking point for many. However, high costs when making cross-border payments aren’t just exclusive to fiat-based payments solutions such as PayPal — transaction fees have also been known to go through the roof on the Bitcoin and Ethereum blockchains because of congestion.
This is unique because every transaction costs just 0.00001 XLM. Given how one unit of this cryptocurrency only costs a few cents at the time of writing, this helps ensure that users keep more of their money.
Few blockchain projects have managed to secure partnerships with big-brand technology companies and fintech firms. A few years ago, and IBM teamed up to launch World Wire, a project that allowed large financial institutions to submit transactions to the network and transact using bridge assets such as stablecoins.
Although other blockchains have community funds, meaning that grants can be given to projects that help further the ecosystem, Stellar allows its users to vote on which ventures should be given this support.
Borderless. Limitless. Powerful.
Stellar makes it possible to create, send, and trade digital representations of all forms of money: dollars, pesos, bitcoin, pretty much anything. It’s designed so all the world’s financial systems can work together on a single network.
Stellar makes money better.
The API and SDKs are ready to help you transform the world of finance, and the network’s currency connections could give even a small company the power and reach of an international bank. Here’s what you can build with a few lines of code:
Global Payment Apps
Leverage the many currency-backed tokens already on the network.
Use built-in decentralized exchange for crypto, forex, or securities. Users can swap between tokens using simple functions built into the protocol.
Power payments of any size with low, flat fees and fast transactions.
Built on Stellar
Large enterprise companies and companies as small as single-dev startups have chosen Stellar to move money and access new markets.
Creating equitable access to the global financial system
The Stellar.org Development Foundation (SDF) is a non-profit organization founded in 2014 to support the development and growth of the open-source network. SDF and seek to unlock the world’s economic potential by making money more fluid, markets more open, and people more empowered. The Foundation helps maintain codebase, supports the technical and business communities around Stellar, and is a speaking partner to regulators and institutions.
Who Are the Founders of Stellar?
Jed McCaleb founded with the lawyer Joyce Kim after leaving Ripple in 2013 over disagreements about the company’s future direction.
In explaining the rationale behind Stellar in September 2020, McCaleb told CoinMarketCap: “The whole original design of Stellar is that you can have fiat currencies and other kinds of forms of value run in parallel with each other and with crypto assets. This is super important to drive this stuff mainstream.”
McCaleb’s goal is to ensure that Stellar.org can give people a way of moving their fiat into crypto — and eliminate the friction that people normally experience when they are sending money around the world.
The currently serves as the CTO of, as well as the co-founder of the Development Foundation. This not-for-profit organization aims to “unlock the world’s economic potential by making money more fluid, markets more open, and people more empowered.”
How Is the Stellar Network Secured?
This network is secured using the Consensus Protocol, which is described as having four main properties: “Decentralized control, low latency, flexible trust, and asymptotic security.”
Through SCP, anyone is able to join the process of achieving consensus, and no single entity can end up with the majority of decision-making power. Transactions are also confirmed cheaply and within a few seconds — and safeguards are in place if bad actors attempt to join the network.
Where Can You Buy Stellar (XLM)?
It is possible to buy Stellar from a wide range of top exchanges – including Binance, Coinbase, Kraken, Bittrex, Bitfinex, Upbit and Huobi. It’s also common to convert fiat into Bitcoin before purchasing altcoins, and you can find out more about how this is done with the guide.