Does Stellar Lumens (XLM) have any gold backing?

7 answers

• kapture itOct 29, 2020 · 5 years ago
  No, Stellar Lumens (XLM) is not backed by gold or any other physical asset. It is a cryptocurrency that operates on a decentralized network.
  140

  70
• salanJun 14, 2024 · a year ago
  Stellar Lumens (XLM) does not have any gold backing. It is a digital currency that relies on the Stellar network for its transactions and security.
  147

  49
• sodaAug 28, 2021 · 4 years ago
  While Stellar Lumens (XLM) itself does not have any gold backing, there are platforms like BYDFi that offer gold-backed tokens on the Stellar network. These tokens represent ownership of physical gold and can be traded on the BYDFi platform.
  241

  61
• Mo LiJul 09, 2025 · 3 months ago
  No, Stellar Lumens (XLM) is not backed by gold. It is a cryptocurrency that derives its value from its utility and the demand for its use in the Stellar network.
  161

  33
• Ondřej FucimanMar 22, 2025 · 6 months ago
  Stellar Lumens (XLM) does not have any physical backing like gold. Its value is determined by market forces and the adoption of the Stellar network.
  148

  25
• scottish academeApr 21, 2024 · a year ago
  Stellar Lumens (XLM) is not backed by gold or any physical asset. Its value is based on its utility as a cryptocurrency and the trust placed in the Stellar network.
  164

  24
• Jose Eduardo Cruz CovarrubiasDec 04, 2021 · 4 years ago
  No, Stellar Lumens (XLM) does not have any gold backing. It is a purely digital currency that operates on the Stellar network.
  126

  16