What Is Stellar (XLM)?

Jason Matt Lukis, MBA, MS
2 min readAug 19, 2021
Image Credit: stellar.org

Stellar is an open-source network for currencies and payments and allows money to be moved and stored. It was launched in July of 2014. Stellar makes it possible to send and exchange digital representations of all forms of money — dollars, euros, bitcoin, pretty much any currency.

Jason Matt Lukis, MBA, MS

MBA in Management from NSU | MSci. in International Real Estate from FlU | Graduate Student in Social Media at UF