Stellar

XLM Launched 2014 source

What this page is: neutral, sourced facts about Stellar. Every line links where it was checked. 10 facts, 2 from primary sources. Educational, not financial advice.

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Launch

Launched in 2014. secondary source source

Founders and creators

Jed McCaleb and Joyce Kim. secondary source source

Origin story

Before the official launch, McCaleb formed a website called "Secret Bitcoin Project" seeking alpha testers. secondary source source

Stated purpose

Stellar is a cryptocurrency protocol which allows transactions between any pair of currencies. secondary source source

Consensus mechanism

Stellar Consensus Protocol (SCP). primary source source

Supply model

The Stellar Development Foundation burned 5 billion lumens from its operating fund and 50 billion of the 68 billion lumens in its giveaway programs, leaving about 50 billion lumens in existence. primary source source

Main uses today

Key features include a built-in distributed exchange for trading assets without intermediaries and the Soroban platform for developing smart contracts. secondary source source

Key milestones

The Stellar Development Foundation released an upgraded protocol with a new consensus algorithm in April 2015 which went live in November 2015. secondary source source
In 2021, Franklin Templeton launched the first tokenised US mutual fund using Stellar. secondary source source

Notable events and controversies

In 2021, Franklin Templeton launched the first tokenised US mutual fund using Stellar. secondary source source

Sources & studies

Last checked: 2026-11-04 · Prices, market caps and circulating supply are left out on purpose because they change by the minute. Educational, not financial advice.

Education only, not financial advice. No signals. Backtests are hypothetical: real trading can be worse. Past results don't predict future results.