Stellar coin

Sustainable initiatives

Examples of Stellar coin's (XLM) sustainable initiatives include:

Social sustainability

  • decrease their costs so users can pass these cost savings on via their own apps in the form of:
  1. send money across borders quickly, for a fraction of a cent
  2. facilitate low-cost payments between different currencies
  3. increase efficiency and decrease the cost of smaller transfers with offerings of incremental payment options
  • interoperability enables mobile money platforms to enable users to pay recipients with different providers
  • an agency banking framework provides the advantage of expanding retail operations without the overhead costs
  • 50% of the native currency of the Stellar ecosystem, lumens, are distributed to participants of their Direct Sign-up Programme to create a more inclusive digital economy, and
  • create and support technical and non-technical partnerships and educational initiatives to boost digital financial literacy and development efforts at the institutional and community level.

Governing sustainability

  • transactions on the decentralized Stellar network resolve in 2-5 seconds.
  • their Direct Sign-up Programme aims to expand the reach of the network to promote adoption of Stellar as a worldwide payment standard
  • develop and maintain a secure and low cost global transaction network (“Stellar Network”) and protocol (“Stellar Protocol”) that is high quality, open-source, and publicly accessible to everyone, and
  • they are a not-for-profit organisation aiming to develop and maintain publicly accessible tools and services to support the Stellar Network and its users.

Find out more about Stellar coin here.

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