Stellar Development Foundation reports strong Q2 2025 progress toward 10x growth goals: TVL reached $153M (rank 37 on DeFi Llama), PayPal's PYUSD launching on Stellar, RWAs at $496M yield-bearing assets, and Protocol 23 upgrade shipping in September with major scalability improvements.
SDF leadership presented Q2 2025 results and H2 roadmap, announcing new President Jose Fernandez de Ponte and CMO Jason Karsh. Key metrics: DeFi TVL grew 82% Q2-to-present reaching $153M; monthly active addresses hit 768K in July; five protocols now hold 10M+ TVL each. PayPal announced PYUSD integration bringing 430M+ potential users. RWAs reached $496M in yield-bearing assets with $4.2B in Q2 payments volume. Stellar Disbursement Platform processed $2.8M YTD across enterprise pilots. Protocol 23 upgrade introduces parallelism, smart contract caching, and reduced block times targeting 2.5 seconds. Meridian 2025 conference set for September in Rio with hackathon and institutional participation.
