In 1886, Russell Kelso Carter penned the words to this famous hymn. Carter drew his inspiration from 1 Peter 1:12 and 2 Peter 1:3-4 along with several other verses.

1 Standing on the promises of Christ my king,
through eternal ages let his praises ring;
glory in the highest, I will shout and sing,
standing on the promises of God.
Refrain:
Standing, standing,
standing on the promises of God my Savior;
standing, standing,
I’m standing on the promises of God.
2 Standing on the promises that cannot fail,
when the howling storms of doubt and fear assail,
by the living Word of God I shall prevail,
standing on the promises of God. [Refrain]
3 Standing on the promises of Christ the Lord,
bound to him eternally by love’s strong cord,
overcoming daily with the Spirit’s sword,
standing on the promises of God. [Refrain]
4 Standing on the promises I cannot fall,
listening every moment to the Spirit’s call,
resting in my Savior as my all in all,
standing on the promises of God. [Refrain]

Source: Glory to God: the Presbyterian Hymnal #838