What role does Stellar play in DeFi (Decentralized Finance)?

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.

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

Comments on “What role does Stellar play in DeFi (Decentralized Finance)?”

Leave a Reply

Gravatar