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expert 6.3
Vitaliy Seban
Expert Opinion

XLM is the native token of the Stellar cryptocurrency network, which emerged in 2014 as a result of the split of the Ripple blockchain project. The virtual coin is considered a reliable, highly liquid digital asset. In 2018, the platform was recognized as the fastest growing. It found its distribution in the gambling sphere as well.

The cryptocurrency project has every reason for further development. In terms of demand in the gambling industry, Stellar is able to surpass the Ripple platform in the future and successfully compete with Bitcoin and Efirium.

Best Stellar Casinos 2025 in Canada

Rating is compiled taking into account the known requirements, preferences, wishes of gamblers. It is designed to facilitate experienced players and beginners to find a reliable casino with a high level of service, fair conditions, attractive offers.

When compiling the list checked the legality of the online club, confirmed by the license of a reputable offshore regulator - the Gambling Control Commission of Great Britain, Malta or another. User experience was taken into account with the study of reviews on independent resources.

In the list of the best casinos with acceptance of bets in native tokens Lumens selected only sites that use the algorithm Provably Fair for self-checking gamblers honesty and fairness of the results of each individual round, the whole session.

Other important criteria, which were given increased attention:

  • collection of games with the presence of traditional and innovative cryptographic, based on blockchain technologies;
  • the site's use of licensed software for leading developers - NetEnt, Microgaming, other well-known studios;
  • bonus programs and promotional offers - in accordance with modern industry standards there should be a welcome package, cashback, increased odds, free spins;
  • security of money transfers using SSL-encryption protocol;
  • privacy - priority was given to casinos with minimal identity verification requirements.

The quality of technical support and its round-the-clock availability, user interface usability, availability of demo mode, other nuances affecting the gaming experience were analyzed.

Stellar Technical specifications

The blockchain platform is a convenient real-time financial settlement system focused primarily on fast cross-border payments.

This has led to its popularity among international online casinos. After its launch, the network operated on Ripple for a while. In 2015, it switched to its own protocol solutions.

Native tokens first bore the same name. Later they were renamed to Lumens. The technical feature of the platform is the option of individual tokenization of any financial assets.

This means that each member of the Stellar community can independently digitize with the creation of their own Stablecoin various tangible assets:

  1. fiat money - US dollars, Chinese yuan, Mexican pesos, British pound sterling, euros, others;
  2. favorable metals - gold, silver, platinum;
  3. precious stones;
  4. bonds, stocks.

The system gives equal rights to any assets created on its protocol. The blockchain network is a decentralized payment system beyond the control of government agencies and banking institutions. Technical and financial characteristics of XLM digital coins:

  • Type of cryptocurrency - Native token;
  • The authors of the project are. Jed McCaleb, Joyce Kim;
  • Design, development, support - Stellar Development Foundation;
  • Code base - Compilable C++ language;
  • Operating systems - Windows, OS X, Linux;
  • Launch as an independent project - April 8, 2015;
  • Current version - 20.2.0 dated February 5, 2024;
  • Market capitalization - USD 13.3 billion;
  • Number of coins in circulation - 31.25 billion units;
  • Number of active wallets - 9.5 million.

In May 2025, the number of active addresses increased by 5,000 per day, which indicates the rapid development of the Stellar system, widespread interest in the cryptocurrency network, popularity among ordinary users and commercial organizations.

Stellar Blockchain

It is characterized by multifunctionality, diverse spheres of application. A distributed public registry is an electronic ledger that records all transactions since the launch of the network.

The system is aimed at international financial transactions of individuals, commercial structures, corporate participants in the community. The blockchain is optimized for:

  • integration with gambling platforms;
  • execution of currency exchange transactions;
  • deployment of decentralized applications of any purpose;
  • developing complex smart contracts;
  • first placement of valuable financial assets or their digitized equivalent.

The open source code is hosted on Github, the largest web service for hosting and collaborating on IT projects. Stellar's blockchain is based on its own version of the Proof-of-Work consensus algorithm, which is considered the gold standard of the cryptocurrency industry.

The protocol, called SCP, provides high speed and optimal efficiency in reaching consensus with minimal participation of trusted validating nodes. The original conditionally federated blockchain model differentiates the Stellar network from traditional cryptocurrency systems.

Connected to the decentralized DEX exchange, which allows the exchange of fiat currencies or virtual valuables without paid intermediary services. Stellar automates finding the fastest and cheapest route for cross-border money transfers. Key features of blockchain:

  1. Energy efficiency. The SCP protocol does not require large amounts of computing power, making the process of digitizing assets accessible to a wide range of ordinary users. Characterized by a reduced ecological footprint compared to competitive systems.
  2. Emphasizing financial inclusion. XLM is actively used for monetary transactions in regions with legal bans on cryptocurrencies. It is suitable for providing gambling services to users from countries with legal and tax restrictions on gambling.
  3. Full support for smart contracts. SSC's proprietary algorithmic functions are implemented on the platform. They are easier to handle than the smart contracts of the Ethereum network, but no less complex in architectural structure. They are used to develop gambling games with innovative cryptographic mechanics.
  4. Horizon API integration, SDK. The blockchain contains built-in toolkits, virtual environments for convenient and fast development of a variety of digital products, including online gambling.

The platform does not use the traditional for cryptocurrency systems pool of privileged participants. The Stellar.org project emphasizes its own social mission to democratize the digital asset market.

Stellar Transaction speed

Financial transaction confirmation time is 3-5 seconds. The system performance is over 1000 TRS due to the energy efficiency of the consensus algorithm, optimized calculations.

The Stellar network does not require the participation of miners to confirm a money transfer. Instead, it uses a structure of trusted distributed nodes reaching consensus based on a so-called federated Byzantine agreement.

Ripple's motherboard, which performs about 1,500 computational operations per second, has a slight advantage. The smooth operation of Stellar's network with native XLM tokens, integrated digitized assets is supported by 130 nodes.

In independent testing on a powerful cloud service, the system managed to demonstrate peak transaction speeds of about 10,000 tx/s. Such a result is hardly achievable in a real-world environment.

Stellar Commission

There are 2 types of service fee - basic (mandatory) and resource fee. The total fee for fulfillment of a user's request is formed by summing them up. The minimum fee is 100 stroop, which is the smallest part of XLM.

The basic fee is applied to all transaction operations without exception in order to prevent spam attacks and maintain stable and uninterrupted functioning of the network infrastructure.

The resource fee is charged only on transactions based on smart contract technology. Its amount depends on:

  • number of CPU instructions involved;
  • the number of RAM read/write operations;
  • the size of the money transfer in bytes;
  • volume of event data;
  • amount of return values;
  • payment of ledger space rent.

Any fees are charged exclusively in native XLM tokens. For transactions without smart contract technology, the resource fee is zero. A transaction simulator built into the platform helps calculate the exact amount of the service fee.

To successfully fulfill a request, an account must have at least 1 XLM. During periods when the network is busy with user requests, the commission fee traditionally increases.

Features of using XLM in casinos

The online casinos accepting digital tokens provide the target audience with a comfortable environment, enhanced by blockchain technology. The development of cryptocurrency casinos boomed in 2017, when the Stellar electronic payment system was considered already stable.

The network's ability to connect different blockchain platforms is particularly useful for international gambling operators, as it expands the potential target audience ha players from countries with limited access to gambling and/or virtual finance transactions.

Stellar offers universal development kits for the JavaScript programming language used to create multimedia content and gaming software, which facilitates the implementation of XLM-based payment solutions in casinos. They are used for:

  • Automation of deposit;
  • instant application for withdrawal of funds from the account;
  • fast online betting;
  • creating personalized NFT objects on the gambling operator's website.

XLMs are easily convertible to other cryptocurrency or fiat money. Operating on the Stellar network and using native Lumens tokens, the online platforms offer an extensive collection of traditional and blockchain-based gambling games:

  1. Classical, video and progressive slots with increasing jackpots with each bet;
  2. table games - blackjack, roulette, baccarat, craps, others;
  3. with a live dealer, immersing in the atmosphere of a real offline casino, increasing user involvement in the gambling process;
  4. specialized games with the possibility of using an algorithm to check the transparency, honesty and fairness of the round result.

The XLM holders are offered exclusive bonuses, participation in closed tournaments, VIP status for making a deposit in digital tokens for a set amount or at regular intervals determined by the casino rules.

Advantages of using XLM for gambling

Fast transactions are combined with cost-efficiency thanks to extremely low fees. This allows players to allocate more financial resources directly to betting.

Among the other obvious advantages of native tokens XLM note:

  • security - the data stored on the blockchain is highly cryptographically protected;
  • Privacy - there is often no need to provide personal data;
  • complete decentralization, providing players with economic freedom and independence;
  • relative ease of use of native Lumens tokens - most multi-currency wallets and major exchange platforms support transactions with the virtual coins in question.

Thanks to low fees, XLM digital tokens are convenient for micropayments, a large number of small bets. Like any cryptocurrency, XLM is subject to regulatory risks due to frequent changes in the legal framework and tax laws of different countries regarding the circulation of virtual money.

Depending on local economic conditions, financial regulations may cause difficulties in converting Lumens into national currency. The disadvantages include the irreversibility of transactions once they are finalized in the blockchain.

If a mistake or fraud is made, there is no refund possible. There is no central regulator to act as an arbiter in a dispute with online casinos. Cryptocurrency users are not covered by consumer protection in most countries.

Adoption level in the gambling industry

The popularity of native XLM tokens is constantly growing. However, not all sites include virtual coins in the list of payment means. Stellar casinos have a relatively small share of the gambling market.

Institutional support is driving the increasing adoption rate. Ukraine's Ministry of Digital Transformation and the National Bank of Brazil are considering the possibility of using XLM as a means of settlement.

In these countries, there is traditionally a high interest in gambling, with a large number of licensed gambling operators. Trust in the platform increases the strategic partnership with:

  • IBM - American technology giant specializing in the production of hardware devices, software development of various orientations, providing services and consulting services, research in the field of quantum computing, robotics, cognitive systems;
  • Visa - the largest international payment platform;
  • Mastercard - transnational fast money transfer service worldwide, offering financial solutions for individuals, corporate segment;
  • Stablebonds - a global project to issue tokenized collections of US and Mexican treasury bonds.

The close cooperation with these and other fintech companies contributes to the growing adoption of XLM virtual coins in the gambling industry, making the cryptocurrency platform even more flexible and reliable.

Stellar Volatility: How it affects deposits and withdrawals

Native tokens on the Stellar network are subject to dramatic exchange rate fluctuations. For gamblers, a sudden change in the price of XLM means a decrease in fiat deposits or an unexpected profit.

In its history, virtual coins have experienced periods of ups and downs in the market rate. The maximum price of cryptocurrency was fixed in 2018. This was followed by a gradual leveling off of the value.

The value of XLM increased by 129.5% between 2024 and 2025. This was followed by a 68% weekly rise followed by a precipitous 14% fall over the next 14 days. The volatility is driven by both internal platform technology factors and macroeconomic changes.

Volatility creates additional risks for gamblers, making it difficult to develop a long-term gaming strategy. To protect user deposits, responsible operators use conversion of XLM into stablecoins or fiat money, introduction of internal service chips, instant payments to wallet, other methods.

Stellar Security

Based on combining the unique features of the consensus protocol with the technological robustness of the system and common user practices. Confirmation of transactions is accomplished using the quorum slice method.

The consensus option is considered resistant to hacker attacks, any other external threats due to the absence of a single point of failure. The system utilizes state-of-the-art multi-signature cryptographic encryption technologies.

Recommended measures to increase the security of your own digital assets:

  • Use hardware wallets;
  • complex password and two-factor authentication on the gambling operator's website;
  • secure storage of private key, seed phrase;
  • regular software updates from official sources.

In preparation for future challenges, the Stellar team is already developing the fundamentals of post-quantum cryptography. The openness of the source code allows the community to make rapid changes to strengthen the security of the platform.

How to buy/receive Stellar cryptocurrency

Virtual coins are included in trading pairs of major cryptocurrency exchanges. You can get XLM by private peer-to-peer transfer from another user or by exchanging fiat money.

Trading, investing, selling goods and services for the corresponding cryptocurrency are suitable for earning additional coins. Periodically, tokens are given away for free to increase the popularity of the system.

Frequently asked Questions

Why do I need a minimum XLM balance on my wallet?

The condition required for financial transactions in the system is aimed at protecting the platform from the creation of dummy accounts and spam attacks.

What are the advantages of XLM casinos?

The main advantages of such sites are the range of crypto games, almost instant replenishment of accounts, and the use of blockchain capabilities for the development and implementation of gambling applications.

How to choose the best XLM casino?

We recommend taking advantage of our ranking, compiled by industry experts with careful consideration of all the nuances.

Pros
  • The widespread use of coke
  • High security
  • Excellent request processing speed
  • User privacy
Cons
  • No external regulator
Vitaliy Seban
Vitaliy Seban
Casino Games Expert and Gambling Strategies Analyst

Vitaliy — a casino games expert born in 1982 in Kaliningrad. Growing up in a family of surgeons, he chose a path far from medicine: he mastered chess from a young age, participated in regional tournaments, and later enrolled at Kaliningrad State Technical University. While working as a programmer, he immersed himself in the world of online casinos but eventually faced gambling addiction. After realizing that most of his income was going to bets, he redirected his passion into analytics, studying game mechanics, strategies, and gambling trends. Today, Vitaliy participates in games with controlled stakes to stay updated on industry trends and creates reviews that help players master the nuances of blackjack, roulette, and slots while minimizing risks.

An expert in:
  • Blackjack
  • roulette
  • slots
  • game strategy analysis
  • risk management
  • chess
  • programming
Facts checked Alex Vasilev Scientific editor and fact checker
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