XRP vs XLM Comparison:
🔹 Main objective:
XRP (Ripple): Aims to improve and facilitate financial transfers between large financial institutions and banks 💰🏦.
XLM (Stellar): Focuses on providing affordable financial solutions for individuals and small businesses 🌍💡, especially in areas with limited access to banking services.
🔹 Partnerships and Adoption:
XRP: Has partnerships with many global banks and financial institutions such as Santander and Bank of America 🌐🤝.
XLM: Partnerships with major tech companies like IBM, plus support from non-profit organizations 💻🌱.
🔹 Operating mechanism:
XRP: Based on the distributed XRP Ledger system to speed up and settle payments at low costs ⚡💸.
XLM: Uses the Stellar network to facilitate fast transfers between cryptocurrencies and fiat currencies 💱🌏.
🔹 Fees:
XRP: Fees are very low, as low as a fraction of a cent per transaction 💵⚖️.
XLM: Fees are almost zero, around 0.00001 XLM per transaction, making it ideal for small transfers 📉💰.
🔹 Speed:
XRP: Transactions are completed in just 3-5 seconds ⏱️⚡.
XLM: Similar in speed to XRP, taking only a few seconds ⚡⏳.
🔹 The offer:
XRP: Max supply is 100 billion units, cannot be mined 🔢🚫.
XLM: Max supply is 50 billion units, cannot be mined 🔢❌.
🔹 Decentralization:
XRP: Faces criticism for being more centralized due to the heavy dominance of Ripple Labs 🔒💼.
XLM: More decentralized thanks to its open network architecture and focus on non-profit purposes 🌐🤲.
🔹 Uses:
XRP: Facilitates cross-border money transfers and provides banks with liquidity when needed 🌍💡.
XLM: Enables transfers between individuals and facilitates international donations and payments 🌍💖.
