Stellar — native issuance, anchored stablecoins, Soroban
Stellar is purpose-built for cross-border value transfer. We track XLM, native asset issuance, anchored stablecoins (USDC, EURC), and Soroban smart contracts.
Stellar's design center is fast, cheap cross-border value transfer. Native asset issuance is first-class — any account can issue an asset without a smart contract. Anchors connect Stellar to fiat rails (USDC anchored by Circle, EURC, MXN-anchored versions for remittance corridors). Path payments allow atomic multi-asset swaps in a single transaction. Soroban is the new Rust-based smart-contract platform, enabling DeFi-style logic on Stellar.
What's tracked on Stellar
XLM transfers
Native asset movement with the per-transaction base fee.
Issued assets
Native asset issuance with the issuer attribution preserved.
Path payments
Multi-asset atomic swaps decoded into the underlying movements.
USDC / EURC anchors
Anchored stablecoin transfers and anchor deposits / withdrawals.
Soroban contracts
Rust-based smart-contract activity decoded against the contract WASM.
Stellar accounting questions
How is Stellar's native issuance different from ERC-20?
No smart contract is required. The issuer account creates the asset directly via a protocol operation. Audit-trail-wise, the issuer is always known and the asset's authority is unambiguous — cleaner for compliance use cases.
Other chain coverage and tax guides relevant to this network.
Book Stellar the right way
Free during Alpha. Connect a wallet, see every transaction reconciled to journal entries.