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FALLS UNDER
CRYPTO
MARKET OPEN AS OF Apr 26, 08:25 UTC
FALLS UNDER
CRYPTO
STELLAR LUMENS
0.28783200
STELLAR LUMENS
?The trading pair XLM/USD between Stellar's native cryptocurrency, XLM, and the U.S. Dollar provides a gateway to rapid, low-cost, and borderless financial transactions. Stellar aims to establish a global financial network that permits the coexistence of traditional currencies and cryptocurrencies, thereby enhancing the accessibility of financial services. Additionally, XLMUSD has been implemented
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Cryptocurrency, also known as crypto, is any virtual or digital currency that uses encryption to protect transactions. A decentralized system records transactions and issues new units of cryptocurrency. There is no central authority that is responsible for issuing or controlling these units.
CRYPTO
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In 2014, Joyce Kim and Jed McCaleb, business partnership partners, established Stellar. Originally, McCaleb was the founder of the crypto exchange Mt. Gox and a co-founder of the payment protocol Ripple. He departed the latter due to disagreements regarding the project's future.
The 24-hour trading volume of XLM is $11.92B, and its current price is $0.48186. XLM has witnessed a 9.71% increase in the past 24 hours, with a circulating supply of 30.06B XLM coins and a maximal supply of 50.00B XLM coins. Market capitalisation positions XLM at 16.
One XLM is equivalent to 0.49 USD. In the past 24 hours, the exchange rate between USD and 1 Stellar has increased by +13.20%.
Lumens (XLM) is the native currency of the Stellar network. Lumens function as an intermediary currency for operations, enabling the payment of transaction fees and the rapid conversion of various currencies.
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