Stellar Lumens (XLM)–Stellar Lumens, the open-source, decentralized protocol that operates the cryptocurrency XLM, has been utilized by Tempo to be the base cryptocurrency for a new global payment platform purported to be the largest in the world for crypto-fiat exchanging. More importantly, with the move to an easy, cost-effective global payment network, Stellar eyes to outcompete its sister-currency Ripple (XRP) in providing financial, crypto-backed solutions to the majority of the world’s population.
Utilizing Stellar as its base currency, Tempo seeks to become the world’s largest crypto payment network by simplifying the exchange process from crypto to fiat. To accomplish their lofty goal, Tempo will be using the Stellar Decentralized Exchange (DEX) for liquidity purposes. Stellar DEX, a fully decentralized cryptocurrency exchange, functions on top of the Stellar Network as its base of operation.