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What is Stellar?

Stellar is a decentralized blockchain platform designed to facilitate cross-border payments and enable financial inclusion for individuals and institutions. It was co-founded by Jed McCaleb and Joyce Kim in 2014 with the goal of making financial transactions more accessible and affordable.

Key Features:

  • Decentralized Payment Network
  • Federated Byzantine Agreement (FBA) Consensus
  • Native Asset: Lumens (XLM)
  • Fast and Low-Cost Transactions
  • Focus on Remittances and Cross-Border Transactions

Use Cases:

Stellar is used for creating a global network that connects financial institutions, payment systems, and individuals, making it easier to send and receive money across borders and currencies.

Visit their official website to learn more:
Accounting Features Supported for
Unrealized G/L & Impairment Calculation
Reconciliation & Sanity Checks
DeFi Protocols
NFTs Valuation
Automated Rule Categorization
Integration to ERPs, QBO, Xero, Netsuite, etc.

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