Stellar

Stellar is an open-source, decentralized Layer 1 blockchain co-founded in 2014 and managed by the non-profit Stellar Development Foundation, designed to move money quickly and at low cost across different currencies and national borders. It addresses the problem of slow and expensive cross-border payments, particularly for individuals and institutions in underserved regions who lack access to conventional banking infrastructure. The network connects banks, payment processors, and individuals through trusted intermediaries called Anchors, which hold deposits and issue corresponding credits on the ledger.

Stellar uses the Stellar Consensus Protocol, a form of Federated Byzantine Agreement in which each node selects a set of other nodes it trusts, and agreement across overlapping trust sets produces fast, final settlement — the data shows block times that are effectively near-zero, with 64,935,014 blocks recorded in a single 24-hour period. The native token, XLM, is used to pay transaction fees and serves as a bridge asset when no direct trading pair exists between two currencies on the network's built-in distributed exchange. The network also hosts Soroban, its smart contract platform, and supports tokenization of real-world assets, with roughly 970,292,325.97 dollars of stablecoin supply currently hosted on the ledger.

Stellar charges small fees on every transaction; the 24-hour average transaction fee stands at 0.000285 dollars, and the network processed enough activity to generate 1,433 dollars in fees over the most recent 24-hour period, 11,653 dollars over the trailing 7 days, and 48,714 dollars over the trailing 30 days. Annualizing from the 30-day figure produces 592,687 dollars in fees. The take rate is recorded at 100 percent over the trailing 30 days, meaning all fees are retained by the protocol rather than distributed to any supply-side participants — supply-side revenue for the trailing 30 days is explicitly zero. Fee growth over the last 30 days was 17.56 percent.