Moneygram and Stellar Launch USDC Remittances
3 years ago
Stellar is a payment technology built from a fork of the Ripple protocol. Since the original fork, Stellar has changed and developed significantly, leaving very little of the Ripple protocol in its technology. Stellar is focused on developing global payment solutions for markets rather than institutions, making it a popular network. Stellar is able to achieve a high level of transactions per second (TPS) thanks to using a quorum of nodes to approve transactions rather than the entire blockchain. This makes is highly popular amongst small businesses, non-profit organizations and other small entities. Stellar has its own cryptocurrency called Lumens (XLM).