#BSCOnTheRise
This is a simple comparison between XRP and XLM:
🔹 Purpose
XRP (Ripple): Designed to optimize financial transfers between banks and large institutions.
XLM (Stellar): Designed to serve individuals and small businesses, especially in underserved areas.
🔹 Key Partners
XRP: Collaborates with global financial giants like Santander and Bank of America.
XLM: Partners with IBM and non-profit organizations to connect traditional and digital financial systems.
🔹 Technology
XRP: Utilizes the XRP ledger for quick and cost-effective payments.
XLM: Operates on the Stellar network for seamless currency conversion.
🔹 Fees
XRP: Transactions cost a fraction of a cent.
XLM: Fees are almost negligible (0.00001 XLM per transaction), ideal for small payments.
🔹 Transaction Speed
Both: Processes transactions in just 3-5 seconds.
🔹 Supply
XRP: Capped at 100 billion tokens, not mineable.
XLM: Capped at 50 billion tokens, not mineable.
🔹 Decentralization
XRP: Criticized for perceived centralization due to Ripple Labs' control.
XLM: More decentralized with an open, non-profit approach.
🔹 Main Use Cases
XRP: Designed for large-scale transfers between institutions.
XLM: Tailored for small-scale, cross-border transactions and remittances.
Which suits your needs depends on whether you prioritize institutional scale or individual accessibility.