Jed McCaleb, co-founder of Stellar, emphasizes that his cryptocurrency project is distinct from Ripple. While both aim to facilitate cross-border payments, McCaleb points out that Stellar focuses on serving individuals and small businesses, while Ripple primarily targets financial institutions. The decentralized nature of Stellar also sets it apart from Ripple’s more centralized approach. Despite similarities in their missions, McCaleb stresses that Stellar’s unique features make it a separate and valuable option in the cryptocurrency market.