# Jason Karsh Discusses Stellar Lumens (XLM) Utility and Tokenomics By Token Post Canonical URL: https://www.tokenpost.com/news/insights/42924 Published: 2026-10-28T20:29:09.000Z Updated: 2026-10-28T20:29:09.000Z Section: Insights & Views > 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. ## Links in this article - [earlier account of Stellar's reserve and fee rules](https://www.tokenpost.com/news/investing/35310)