SDF reported strong Q1 2021 results across all strategic pillars, including USDC launch on Stellar, $6.5M in Enterprise Fund investments, and record network growth with 160% increase in payments and 196% increase in DEX volume.
The Stellar Development Foundation released its Q1 2021 report highlighting major achievements aligned with three strategic pillars: robustness and usability, trusted blockchain status, and sustainable use cases. Key accomplishments include the official launch of USDC on Stellar in partnership with Circle, three Enterprise Fund investments totaling $6.5M in companies like Wyre and Cowrie, and announcement of eight finalists for the inaugural Stellar Community Seed Fund from 58 submissions. Network metrics showed significant growth with 11% increase in total accounts, 160% increase in payments, 196% increase in average daily DEX volume, and 100% increase in total operations. SDF also released Horizon 2.0, a major API upgrade improving performance and infrastructure flexibility.
