Stellar has been making strides in the DeFi space by enabling seamless financial transactions without intermediaries. The network’s built-in decentralized exchange (DEX) allows users to trade digital assets directly, reducing reliance on centralized exchanges.
Additionally, Stellar supports smart contracts, token issuance, and stablecoin integration, making it a valuable platform for DeFi applications. As DeFi adoption grows, Stellar's role in facilitating fast and cost-effective transactions may positively impact the XLM price by increasing network usage.
Comments on “What role does Stellar play in DeFi (Decentralized Finance)?”