The Stellar Development Foundation released its Q1 2022 report highlighting major initiatives: Project Jump Cannon for native smart contracts, Starbridge for Ethereum interoperability, $1.5M in Matching Fund investments, and continued USDC adoption across exchanges.
The Stellar Development Foundation published its Q1 2022 report outlining progress across three strategic pillars: scalability and network innovation, network participation, and financial inclusion. Key achievements include announcing Project Jump Cannon to research native on-chain smart contracts, launching Starbridge for trust-minimized Stellar-Ethereum integration, distributing $92.5M in Enterprise Fund investments with a new $1.5M Matching Fund cohort, and celebrating one year of USDC on Stellar with growing exchange adoption. SDF also responded to the Biden Administration's cryptocurrency executive order and sponsored SXSW's Finance 3.0 summit with over 200 NFT hackathon submissions.
