Stellar Development Foundation Q3 2024 in Review
Today the Stellar Development Foundation (SDF) released its Q3 2024 report. Nearing the end of the year, the report outlines the latest achievements aligned with our roadmap.
Here is the TL;DR:
- The Stellar network surpassed 9 million addresses!
- The Enterprise and Matching Fund saw another strong quarter investing over 5 million dollars in both exciting newcomers and longtime ecosystem partners building the next chapter of financial services.
- The Stellar Community Fund launched version 6.0, resulting in the most submissions ever received!
- Stellar is now integrated into Dune and 5 protocols are tracked on DefiLlama increasing ecosystem interoperability and visibility.
- Franklin Templeton’s Benji investment platform, built on Stellar, reached an all-time supply high of roughly $450 million.
- Work is wrapping up on Protocol 22 which will add among other things support for BLS functionality which will enable a number of new security and privacy preserving features to be built on the network.
- Stellar ecosystem wallets are innovating and growing. This quarter we saw new features like bill pay, gasless transactions, global banking ramps, and more roll out to users and exciting growth continue.
- We saw many of you in-person at Meridian in early October, where nearly 700 people converged in London to recap the transformation Stellar is making on everyday financial services.
Check out the report to learn more about these highlights and other achievements from this quarter. You can also watch the Q3-in-review webinar below, where Denelle Dixon, CEO and Executive Director, was joined by Justin Rice, VP of Ecosystem, Jordan Edelstein, Chief Marketing Officer, and SDF’s new Chief Business Officer, Raja Chakravorti, and covered growth metrics for the Stellar network, how it stacks up in the industry and other highlights this quarter.
Source : Stellar - Nov 8, 2024