Stellar processed 21.5 billion operations in 2025 with 10.3 million unique users, maintaining 99.99% uptime. Major institutions including Franklin Templeton, PayPal, and the Marshall Islands deployed real-world assets and payments on the network, with RWAs surpassing 1 billion and payment volume reaching 55.6 billion.
Stellar's 2025 year in review highlighted the network's emergence as production infrastructure for global finance. The network processed 21.5 billion operations across 3.6 billion transactions with 99.99% uptime and minimal fees. Key achievements include Franklin Templeton's 580 million in tokenized treasuries, PayPal's PYUSD stablecoin deployment, and the Marshall Islands' on-chain universal basic income distribution. Real-world assets surpassed 1 billion by January 2026, while payment volume reached 55.6 billion. The WISC protocol upgrade delivered parallel transaction execution and cost reductions up to 70%. Privacy capabilities via X-Ray and post-quantum security readiness were introduced. Developer community grew 171% over three years, significantly outpacing industry trends. SDF outlined 2026 priorities focused on asset adoption, enterprise adoption, core network capabilities, and outcome-oriented execution.