Raja Chakravorti, Chief Business Officer at the Stellar Development Foundation, discusses how Stellar's fast, low-cost blockchain is enabling financial inclusion globally, with use cases ranging from institutional adoption by Franklin Templeton to UN-backed humanitarian aid delivery in crisis zones.
In this interview, Raja Chakravorti shares Stellar's vision for revolutionizing payments and financial inclusion. He explains how Stellar's 3-5 second settlement times and minimal transaction costs (0.005 cents) outperform traditional banking rails, while features like freeze and clawback make it attractive to institutions. The article highlights real-world applications: Franklin Templeton using Stellar's infrastructure, the UN partnering with Stellar to deliver aid in crisis zones like Argentina and Ukraine via U.S. dollar-backed digital assets, and the Stellar Anchor Network's 450,000 MoneyGram locations enabling seamless cash off-ramps. Chakravorti emphasizes Stellar's core mission of serving the unbanked and underbanked populations, particularly in the Global South, by providing digital bank accounts and yield-bearing assets.