Stellar

32 rolesstellar.org

Stellar, developed since 2014 by the Stellar Development Foundation founded by Jed McCaleb and Joyce Kim with Professor David Mazières in San Francisco, is an open network for cross-border payments and asset tokenization using the Stellar Consensus Protocol. Anchors issue stablecoins and tokens settled in seconds for fractions of a cent, used by MoneyGram, Franklin Templeton and humanitarian aid programs for fast disbursements. The Foundation, a nonprofit, stewards protocol development and ecosystem grants without a for-profit token sale and maintains the codebase with community validators. Headquartered in San Francisco at Brannan Street with a distributed global team, Stellar emphasizes financial inclusion, low-cost settlement and building bridges between traditional rails and on-chain networks for everyday transfers worldwide. The network continues to expand anchor partnerships and tooling for developers globally.