Stellar Development Foundation held its Q3 2024 quarterly webinar, highlighting 9 million network addresses, $606 million in real-world assets, $4.9 billion in total volume, and major partnerships with Stripe, MasterCard, and Paxos announced at Meridian conference.
The SDF Q3 2024 quarterly report webinar covered significant ecosystem growth: 9 million addresses on Stellar, $606 million in real-world asset supply, and $4.9 billion in total payment and trading volume. Key announcements from Meridian included Stripe enabling payouts on Stellar, MasterCard bringing crypto credentials to the network, and Paxos launching USDL yield-bearing asset. The foundation invested $5 million across ecosystem partners including Shipt Markets and Zero Zero Holdings. Soroban adoption accelerated with 35 projects awarded $2.2 million, total TVL grew 250% to $7 million, and five protocols now tracked on DeFi Llama. New wallets launched including MoneyGram Wallet, Tala, and Acuna. Protocol 22 development nearing completion with BLS functionality support. SDF introduced new Chief Business Officer Raja Chakravorty, bringing 20 years of fintech experience from Plaid and PayPal.
