Wanted to make a most about the recent Stellar (and related Ripple) huge gains.
Stellar is a distributed, hybrid block chain that is fully open-source. It is infrastructure that exists to facilitate cross-asset transfers of value, including payments. With just one integration into the Stellar Network, you will join an open, global financial network where all actors – be they people, payment networks, or banks – have equal access & economic participation.
Both Stellar and Ripple are focused on tapping into the cross borders payments market. Currently transaction costs for company’s range in the 20bps (0.20%) area. By using Stellar or Ripple, it is estimated those transactions costs can fall down to 8bps. That would be a 60% cost reduction! Factoring in the amount spent on cross-border transactions per year, that gets you to a multi-trillion dollar industry.
The gains in Stellar and Ripple have been huge recently, but as businesses adopt their very practical market use, I expect to see them continue to grow at exponential rates. Both of these coins are not traded on your basic coinbase account, but rather on some of the exchanges. (I do expect coinbase to adopt them in the future though) So click the image below, sign up for Binance today, and get Stellar and Ripple into your portfolio ASAP!