Stellar Development Foundation Q1 2022 quarterly review covering network growth, roadmap updates, and major announcements including Project Jump Cannon smart contracts, Starbridge bridge to Ethereum, and $30M matching fund for early-stage companies.
SDF held its Q1 2022 quarterly review webinar covering significant network progress and strategic initiatives. Key highlights include 509% year-over-year growth in payments (151M vs 24.8M), 34% growth in total accounts to 6.7M, and 539% increase in DEX volume. The Foundation announced Project Jump Cannon, native on-chain smart contracts using WebAssembly, targeting launch by end of 2022. Starbridge, a trust-minimized bridge to Ethereum, entered development. The $30M matching fund launched with four initial investments supporting companies in Latin America and Africa. Protocol 19 implementation includes CAP 21 and CAP 40 for cross-chain solutions. Wire, an SDF enterprise fund investment, was acquired by Bolt for $1.5B. USDC on Stellar reached one-year milestone with new exchange listings. SDF announced Techstars Accelerator Program for Latin America and continued focus on CBDC policy advocacy.
