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VideoYouTubeStellar Development FoundationJuly 15, 20214y ago48:57

Stellar Development Foundation Q2 2021 Review

SDF's Q2 2021 quarterly call covering $18M in enterprise fund investments, protocol upgrades 16 and 17, CAP 38 AMM proposal, and network growth metrics showing 159% increase in payments and 36,900% growth in relevant asset transactions.

PaymentsDeFiEmerging Markets
Lumen Loop's take

The Stellar Development Foundation held its Q2 2021 quarterly call featuring CEO Donnell Dixon, General Counsel Candice Kelly, and Head of Ecosystem Justin Rice. Key highlights include $18M in enterprise fund investments (Tribal Credit $3M, AirTM $15M), two protocol upgrades (16 for network resilience, 17 introducing Asset Clawback for regulated instruments), and CAP 38 proposal for Automated Market Makers to improve liquidity. Network metrics showed significant growth: 20% increase in accounts, 159% growth in payments, 170% increase in operations, and 36,900% year-over-year growth in relevant asset transactions. Notable partnerships include Tala-Visa for emerging market financial access and expanded engagement with Ukrainian financial institutions. SDF expanded to 87 team members and launched initiatives including Stellar Community Fund 3.0, Stellar Quest 3 with 1,500+ developers, and R&D grants program.

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Tala is a digital financial services provider in emerging markets, offering credit, payments, savings, and other financial tools…

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