Stellar is an open-source, distributed network co-founded in 2014 by Jed McCaleb and Joyce Kim to facilitate the fast and low-cost transfer of value across different currencies and assets globally. In practice, managed by the non-profit Stellar Development Foundation, the project serves as a global infrastructure that connects banks, payment systems, and individuals to expand financial access to underserved populations.
In practice, its main value proposition lies in providing a bridge between traditional money and digital networks through the use of Anchors, which are trusted entities that hold deposits and issue credits on the ledger. In practice, the network operates using the Stellar Consensus Protocol and a Federated Byzantine Agreement, where nodes choose trusted sets of other nodes to agree on the state of the ledger. Latest snapshot shows market cap near $5,413,789,906, 24h volume around $102,576,907, 24h change down 3.62%. DexBrief is currently monitoring a live market route on Ethereum. DexBrief is currently blending 2 public market feeds for this market snapshot.
Contract references point to Stellar as the primary asset platform. Project references place Stellar on the Stellar network. Market data providers usually group Stellar with Smart Contract Platform, Real World Assets (RWA), and Stellar Ecosystem. Cross-chain contract listings currently include Stellar.