DeFi Intel

Stellar chain

Chain · PageRank 0.0194

Also known as: Stellar network

Source: cryptopotato.com

Overview

Stellar is a decentralized, open-source blockchain network designed for cross-border payments and asset tokenization. It uses the Stellar Consensus Protocol (SCP) to enable fast, low-cost transactions. The network is commonly used for remittances and issuing digital representations of fiat currencies.

Within the DeFi Intel graph, Stellar connects to 26 tracked entities, most strongly to USD Coin, Ondo US Dollar Yield, Bitcoin (BTC) Neared $80K as the US and Iran Extended the Ceasefire: Your Weekly Crypto Recap.

Relations

Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 26 total).

RelationConnected entityConfidence
deployed_onUSD Coin95%
deployed_onOndo US Dollar Yield95%
mentionsBitcoin (BTC) Neared $80K as the US and Iran Extended the Ceasefire: Your Weekly Crypto Recap95%
deployed_onEURC95%
deployed_onOndo Yield Assets95%
deployed_onFOBXX — detailed AUM trajectory95%
deployed_onStable Coin95%
deployed_onFranklin OnChain U.S. Government Money Fund95%
deployed_onFranklin OnChain US Government Money Fund (FOBXX)95%
deployed_onFranklin OnChain US Government Money Fund (BENJI / FOBXX)95%

More on Stellar

Frequently asked questions

What is Stellar?

Stellar is a blockchain-based payment network that facilitates cross-border transactions and asset issuance. It operates on a decentralized protocol known as the Stellar Consensus Protocol.

How does Stellar differ from Ripple?

Stellar focuses on individual users and non-profit applications, while Ripple targets banks and financial institutions. Both use a consensus mechanism but differ in governance and target audience.

What is the native asset of Stellar?

The native asset of Stellar is called Lumens (XLM). Lumens are used for network fees and to maintain ledger security.

What is Stellar connected to?

In the DeFi Intel knowledge graph, Stellar is linked to 26 other tracked entities, most strongly to USD Coin, Ondo US Dollar Yield, Bitcoin (BTC) Neared $80K as the US and Iran Extended the Ceasefire: Your Weekly Crypto Recap.

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