How do financial institutions benefit from using Stellar?

Financial institutions benefit from Stellar’s efficient, low-cost transaction processing capabilities. By integrating with Stellar, banks and remittance providers can:

• Reduce Transaction Costs: Stellar eliminates the need for intermediaries, significantly lowering fees.


• Increase Transaction Speed: Transfers settle within seconds, compared to traditional banking systems that take days.


• Enable Cross-Border Payments: Stellar allows seamless currency conversions, making it ideal for international settlements.

As more financial institutions adopt Stellar, the demand for XLM may rise, influencing the XLM price.