Stellar to Pax Dollar correlation
XLM and USDP are not correlated to each other as XLM’s value depends on the supply and demand. Whereas, USDP is a stable coin which is backed by traditional fiats like the dollar and the euro. USDP’s value remains the same, which is $1 regardless of the market conditions. Hence, XLM and USDP do not share a strong relationship.
Live XLM Price Change and Market Cap
Currently, XLM price is 0$ and the 24-hour change is 0.00%. The market cap of Stellar today is $0 with a total of 0 XLM in circulation. In the past 24 hours, XLM price peaked at 0$ and the least price was 0$.
XLM Wallets
Don’t have a wallet yet?
We recommend Trezor, CoolWallet S, and Exodus wallet. In all of these wallets, you can manage and track live XLM price and also instantly exchange Stellar through ChangeHero. You don’t have to leave the application or create accounts to swap your Stellar.
XLM to USDP exchange margin
The closing conversion rate for XLM to USDP yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 XLM to USDP would result in an output of 0$.
How to convert Stellar to Pax Dollar
Stellar Lumens and Pax Dollar comparison
Many projects tried to fill the voids left by Bitcoin by introducing more technologically advanced features. Stellar is one such project which has the capability to process transactions at a much faster rate than Bitcoin. Stellar was formed as a result of the Ripple hard fork in the year 2014. It shares several similarities with Ripple and functions as a payment system similar to SWIFT. Stellar aims to connect the traditional financial institutions with the blockchain to reduce the fees and time required for conducting transactions across the borders. It has the capability of processing around 1000 transactions per second. The chain’s native cryptocurrency is Lumens and trades with the ticker XLM.
Pax Dollar belongs to a new domain of cryptocurrencies called stablecoins. Every USDP token is backed by the US Dollar at a 1:1 ratio which keeps its value equal to $1 regardless of the market conditions. The firm behind Pax Dollar publishes real-time data about the escrow accounts holding USD.
What is Stellar?
Scaling is a key issue faced by many blockchains. Though cryptocurrencies provide a secure and decentralized means of digital payment, longer transaction processing times are hindering the mass adoption. Stellar is an open-source blockchain that is highly scalable and capable of confirming transactions almost instantly. It can handle 1,000 transactions per second. Stellar came into existence as a result of the Ripple hard fork in the year 2014. Stellar Development Foundation (SDF), a non-profit organization that was set up in the same year oversees the development and growth of the Stellar blockchain.
Stellar shares many similarities with its sister blockchain, Ripple, and functions similar to SWIFT. Stellar connects the financial institutions with the blockchain. Banks, exchanges, and global payment services use the Stellar network to process cross-border transactions quickly at a low fee. Lumen is the native cryptocurrency of the Stellar blockchain and XLM is its trading ticker. Though Stellar supports all the digital currencies, users are required to hold a small amount of XLM to conduct transactions on the network. XLM can also be traded against other cryptocurrencies.
Stellar to Pax Dollar price details
XLM to USDP Conversion Rate and Price
At the moment, the conversion rate for 1 XLM equals to 0$. The 24-hour highest price of Stellar Lumen in relation to USDP was 0$ and the lowest was 0$. In short, XLM price in relation to USDP changed by 0.00%.
Instantly Exchange XLM to USDP
On ChangeHero you can instantly exchange Stellar to Pax Dollar without registrations. You can easily convert XLM to USDP in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your XLM to USDP exchange.
XLM to USDP Best Rate Exchange
In the the Best Rate exchange of Stellar to Pax Dollar, we search through various exchanges for the XLM to USDP pair and find the best rate available in the market. We provide you with an estimation of the amount of USDP you will receive.
As soon as you accept the terms and the XLM is deposited, the exchange will be automatically processed. We remind you that the final amount of USDP you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of XLM to USDP.
XLM to USDP Fixed Rate Conversion
In the the Fixed Rate exchange of Stellar to Pax Dollar, ChangeHero finds a good rate for the pair XLM to USDP and fix the rate for up to 15 minutes. In the Best Rate exchange of XLM to USDP, you will receive the exact amount of USDP which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the specified USDP address. ChangeHero is the best place to exchange XLM to USDP fast and safe at the best rates.
Frequently asked questions
How long does it take to convert XLM to USDP?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange XLM to USDP?
No, you do not require an account to swap XLM to USDP on ChangeHero. There will be no registrations for your Stellar to Pax Dollar transaction.
Do I need to go through KYC procedures for XLM to USDP exchange?
There will be no KYC for the XLM to USDP exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange USDP to XLM?
Yes, you can instantly exchange USDP to XLM on ChangeHero.
