Advantages of Stellar over other cryptocurrencies
Stellar stands out among cryptocurrencies for its specific focus on the global financial sector. While Bitcoin is widely seen as a store of value, Stellar was designed to speed up transfers between different currencies and payment systems.
This approach makes it one of the most effective networks for peer-to-peer (P2P) transactions and international remittances. The development of the network is overseen by the Stellar Development Foundation (SDF), a non-profit organization that seeks to expand its global adoption by establishing strategic partnerships with companies and governments.
A notable example is the collaboration with IBM, which uses Stellar technology to simplify international payments, combining speed and security. In addition, the network stands out for its extremely low transaction costs, offering a viable solution for both large volumes and small-value transfers, such as remittances.
