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Glossary/Stellar

Stellar

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 settles transactions in about five seconds for a fraction of a cent, which makes it popular for payments, remittances, and asset issuance — including stablecoins such as USDC. Its smart contract platform is called Soroban.