What is XDC backed by?

Could you elaborate on the underlying assets or mechanisms that support the value of XDC? I'm curious to understand the fundamental drivers behind this cryptocurrency and whether it's backed by any tangible or intangible assets. Is there a specific technology, network, or community that underpins XDC's worth? Additionally, are there any regulatory frameworks or partnerships that lend credibility and stability to the coin? Understanding the foundations of XDC's value proposition is crucial for investors to make informed decisions.