Where is XLM used?

Could you please elaborate on the applications of XLM? I'm curious about the various scenarios where Stellar Lumens, or XLM, finds utility. Is it primarily used for payments, cross-border transactions, or does it have a broader scope? Could you provide some examples of how businesses or individuals might use XLM in their daily financial activities? Additionally, are there any specific industries or markets that XLM is particularly popular or useful in? I'm eager to learn more about the practical uses of this cryptocurrency.