What is STELLAR?

The STELLAR network is both fast and secure. It's the ideal network for storing hashes and can be used for trusted timestamping. All transaction are recorded onto an immutable blockchain!

STELLARAPI.IO provides an easy way to access STELLAR.

STELLARAPI.IO

STELLAR is a platform that connects banks, payments systems, and people. Integrate to move money quickly, reliably, and at almost no cost. One milion transactions can be done at the cost of $0.00001. The average confirmation-time for a transaction is about 6 seconds. In march 2019, IBM announced the launch of World Wire, a real-time global payments system built on the STELLAR network. World Wire makes it possible for financial institutions to clear and settle cross-border payments in seconds.

Apart from doing regular transactions, STELLAR provides three different ways to store extra information in a transaction: 64 character hash, 48 charecter text or 32 character integer. Because of this feature and the fact that transactions can be done at almost no costs, it makes the STELLAR network perfect for storing information onto an immutable blockchain!

IBM'S COOPERATION WITH STELLAR

World Wire uses STELLAR Lumens as an optional digital asset to transact on the blockchain network and will also enable the use of stable coins, which are asset-backed at one-to-one U.S. dollars per coin. IBM is not the issuer of any assets on the network.

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IBM World Wire

IBM World Wire is intended to make it cheap and easy for financial institutions to send any currency anywhere in the world using Stellar. Financial institutions will integrate their existing systems with the World Wire API, send a payment through a Stellar-based bridge asset, and settle on the Stellar network.

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Stripe support for STELLAR

Stellar SURGE: Cryptocurrency value ROCKETS after Stripe ditches bitcoin. STELLAR has surged after Stripe, the company which allows individuals and businesses to accept payments online, announced it could add support for the cryptocurrency.

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