What is Stellar?
Stellar Lumens (XLM) is an open-source decentralized network. The Stellar Lumens (XLM) project aims to become a platform that connects banks, payment systems and people in order to move money faster, more reliably and cheaper. Stellar is a non-profit organization and was initially based on the Ripple protocol.
In 2014, Stellar was started by one of the founders of Ripple. This is Jed McCaleb. This again explains the agreement with Ripple. McCaleb is a name that is well known. He is next to a founder of Ripple also the founder of the first Bitcoin trading platform Mt.Gox. By publishing a white paper and putting its own blockchain online in 2015, Stellar became a stand-alone network. The headquarters of Stellar is located in America.