SDF's Q3 2021 quarterly call covered major developments including a $40M investment in Tala, MoneyGram partnership for cash-in/cash-out via Stellar, Protocol 18 AMM upgrade, and 148% year-over-year growth in network payments.
The Stellar Development Foundation held its Q3 2021 quarterly call featuring CEO Donnell Dixon, CMO Jordan Edelstein, VP Ecosystem Justin Rice, and Tala CEO Shivani Saroya. Key announcements included SDF's $40M Series E investment in Tala, a mission-driven fintech serving underserved markets across Kenya, Philippines, Mexico, and India. SDF also announced a partnership with MoneyGram to enable cash-in and cash-out capabilities for digital wallets on Stellar, bridging traditional and digital finance. Network metrics showed strong growth: 5.7M accounts (23% YoY), 29.8M payments (148% YoY), and 643M operations (200% YoY). Protocol 18, featuring automated market makers at the protocol level, is scheduled for November 3rd vote. SDF also invested $750K in Rehive and highlighted ecosystem growth through hackathons, the Stellar Community Fund, and educational partnerships.
