Stellar’s built-in decentralized exchange (DEX) allows users to seamlessly swap assets and conduct multi-currency transactions. Instead of relying on third-party exchanges, Stellar uses path payments, which automatically find the best conversion rate between two currencies.
For example, a user in Europe could send Euros (EUR) to a friend in Japan, and Stellar would automatically convert the amount to Japanese Yen (JPY) at the most competitive rate. This cross-currency functionality makes Stellar a powerful tool for global payments and foreign exchange, influencing adoption rates and the XLM price.