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Add as a preferred source on GoogleJason Karsh Discusses Stellar Lumens (XLM) Utility and Tokenomics
Stellar's official account shared the post. A basic Stellar account must maintain a minimum balance of one XLM.
Jason Karsh's post discussed Stellar Lumens (XLM) utility and tokenomics, and Stellar's official account shared it.
On Stellar, XLM covers transaction fees and smart-contract rent. A basic account also needs to maintain a minimum balance of one XLM. Those roles do not establish a one-for-one dollar link between tokenized assets and purchases of XLM; the earlier account of Stellar's reserve and fee rules explains the distinction.
MoneyGram's MGUSD stablecoin uses the Stellar blockchain for real-world payments.