Gox and co-founder of Ripple, launched the network system Stellar with former lawyer Joyce Kim.

Before the official launch, McCaleb formed a website called "Secret Bitcoin Project" seeking alpha testers.

[4] The nonprofit Stellar Development Foundation was created in collaboration with Stripe CEO Patrick Collison and the project officially launched that July.

[12] The Stellar Development Foundation released an upgraded protocol with a new consensus algorithm in April 2015 which went live in November 2015.

[13] The new algorithm used SCP, a cryptocurrency protocol created by Stanford professor David Mazières.

[17] In 2015, it was announced that Stellar was releasing an integration into Vumi, the open-sourced messaging platform of the Praekelt Foundation in South Africa.

[23] In October 2017, Stellar partnered with IBM and KlickEx to facilitate cross-border transactions in the South Pacific region.