Stellar
Before integration, please read the documentation on the official website. If you have any questions, you can send a request to support.
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.
Accounting Features Supported for Stellar
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- Up to 5 wallet and exchange connections
- 2,000 transaction lines.
- Sanity Checks.
- Access to invoicing, reconciliation, and billing modules
- Group onboarding and video tutorials.