Stellar Founder McCaleb: XRP and XLM Have Different Directions
Stellar founder Jed McCaleb recently highlighted the unique paths of XRP and XLM in the crypto space. While both cryptocurrencies were created by McCaleb, they have taken distinct directions since their inception.
McCaleb emphasized that XRP was designed for use in the traditional financial sector, serving as a bridge currency for banks and financial institutions. On the other hand, Stellar Lumens (XLM) was created with a focus on enabling cross-border payments for everyday users and businesses.
Despite their shared origins, XRP and XLM have evolved to cater to different markets and use cases. McCaleb’s insights shed light on the individual strengths and goals of each cryptocurrency, highlighting the diverse opportunities they offer in the ever-changing crypto landscape.