XRP‘s most prominent rival is rallying this week as a Ukrainian banking giant announces the results of using its blockchain in a new digital currency system pilot program.
Stellar (XLM) is a multi-currency transaction network for storying and moving money across the blockchain.
XLM, the Lumen, is the native cryptocurrency of the Stellar network. People can use Lumens as a bridge currency between two fiat currencies when sending money abroad. Stellar aims to move money quickly, at low cost and without any central authority.
XLM is up by 13.4% this week as the general crypto markets pop. Stellar also announced four days ago that TASCOMBANK Hryvnia, one of the oldest banks in Ukraine, recently released the results of a study about issuing electronic money on the