Stellar is an open-source, decentralized crypto project designed to facilitate cross-border transactions and
exchanges with any currency pairs. Stellar was founded by Jed McCaleb, founder of Mt.Gox, and Joyce Kim, a
former lawyer, in 2014.
They created the nonprofit Stellar Development Foundation and launched the project in July. The protocol uses
Lumens (XLM) as its cryptocurrency, but many users still call it stellar, as it was its original name. Stellar
has some strong partners, like IBM, KlickEx, ICICI Bank, etc.
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