SDF Q2 2022 quarterly review covering network growth, MoneyGram cash-to-crypto launch, Protocol 19 upgrade enabling payment channels, Project Jump Cannon smart contracts progress, and ecosystem initiatives including Freighter 2.0, Vibrant 2.0, and $10M enterprise investment fund.
The Stellar Development Foundation held its Q2 2022 quarterly review webinar covering three strategic building blocks: scalability, network participation, and diversity/inclusion. Key highlights include MoneyGram's global rollout enabling cash-to-crypto conversion in 11 countries with 90%+ success rates; Protocol 19 upgrade introducing transaction preconditions and payment channels supporting 1.19M payments per second via Starlight prototype; Project Jump Cannon smart contracts development using WebAssembly with seven CAPs drafted; network metrics showing 6.9M accounts (20% YoY growth), 38M payments (400% YoY growth), and 823M operations (88% YoY growth); Freighter 2.0 and Vibrant 2.0 wallet launches; $10M enterprise investment and $300K StableCorp matching fund investment; Stellar Community Fund Round 10 awarding 15 projects 10.5M XLM from 152 applications; and partnerships with Nium for global payment rails.
