Crypto 101: What is Stellar (XLM)

1 year ago
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In this video, we'll be taking a closer look at Stellar (XLM), an open-source, decentralized protocol for digital currency to fiat currency transfers which allows for cross-border transactions between any pair of currencies. We'll be discussing the main features of the Stellar network, including the Stellar Consensus Protocol (SCP), its use cases, particularly its ability to enable low-cost, cross-border money transfers, and its mission to connect people to low-cost financial services to fight poverty and develop individual potential. We'll also explore how it is being used for micropayments, remittances, mobile money and mobile banking services, as well as for creating and trading digital assets. Whether you're new to Stellar or just want to learn more about this digital currency, this video will give you a better understanding of what it is and how it works

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