What attracted users to the Stellar cryptocurrency?

By Lềm Thị Phiến | An an | 11 Jun 2020


1.Stellar is a global payment system, not a country. Therefore, users can overcome their national economy and interact directly with the world market. On Stellar, a person's limit is not defined by the border, anyone on earth can own, hold and deposit dollars, or euros, or IPY, for example.


2.Stellar is a network of colleagues. It allows any user to talk (trade) with any other user. So, for example, banks can work directly with each other, instead of people who correspond to each other through middlemen.


3.Stellar is the owner and belongs to everyone. No organization controls the network, so no one can turn it off, monopolize its function or store its data.

4.Stellar handles any asset. Unlike many distributed systems, Stellar is monetary agnostic. In fact, the most important feature of Stellar is that it's very easy to link the XLM Token to a traditional asset like the dollar. Therefore, Stellar can support all currencies that the world is interested in, not just cryptocurrencies.

5.Stellar is cheap. In fact, the deals are almost free. Low transaction fees provide more benefits for Stellar users. With Stellar's low cost, it will be able to reach a lot of people in the future.

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