The Stellar Development Foundation released its Q2 2023 report highlighting major progress on Soroban smart contracts, Anchor Platform support for deposits/withdrawals, Hubble analytics, and ecosystem growth including Franklin Templeton's $270M fund and MoneyGram's 1-year anniversary on Stellar.
The Stellar Development Foundation published its Q2 2023 report detailing progress across three strategic pillars: making innovation easy and scalable, winning over builders, and focusing on utility. Key achievements include Soroban Preview releases 9 and 10 introducing fee support and state expiration to solve blockchain state bloat, Anchor Platform enabling SEP-24 deposit/withdrawal services, and Hubble analytics platform expansion. The ecosystem saw significant real-world adoption with Franklin Templeton's OnChain U.S. Government Money Fund surpassing $270M in assets on Stellar, MoneyGram celebrating its 1-year anniversary across 180+ countries, and Coinbase integrating USDC on Stellar. The Soroban Adoption Fund distributed over $3.2M across 184 submissions, while Stellar Aid Assist won recognition for digital currency innovation.
