SDF Q2 2023 quarterly review covering Soroban smart contracts platform progress toward mainnet launch, MoneyGram access milestone reaching one year, Franklin Templeton's on-chain money fund surpassing $270M AUM, and ecosystem growth with 70+ projects building on Soroban.
The Stellar Development Foundation held its Q2 2023 quarterly review webinar covering three strategic building blocks: making innovation easy and scalable, winning over builders, and proving utility to build trust. Key highlights include Soroban smart contracts platform reaching feature completeness with preview release 10, introducing novel multi-dimensional metering for fair fees and state expiration to solve blockchain state bloat. The ecosystem has grown to 70+ projects building on Soroban including oracles, indexers, DeFi protocols, wallets, and developer tools. MoneyGram access celebrated one year of operation connecting cash and digital assets across 180+ countries. Franklin Templeton's on-chain U.S. government money fund grew to nearly $300M AUM. The Stellar Community Fund distributed $3.2M in lumens across 52 projects in Q2. Additional progress includes Coinbase and Kato launching USDC support on Stellar, Vibrant seeing 35% monthly active user growth, and the Stellar Disbursement Platform being prepared for open source release in Q3.
