The Stellar Development Foundation released its Q3 2021 report highlighting Protocol 18 AMM upgrade preparations, a $40 million investment in Tala for digital banking, new payment corridors in Europe-Philippines and Latin America, and Canadian stablecoin VCAD launch by VersaBank and Stablecorp.
SDF's Q3 report showcases progress across three strategic pillars: network robustness, trust-building, and sustainable use cases. Major highlights include Protocol 18 vote scheduled for November 3rd introducing Automated Market Makers at the protocol level, SDF's largest Enterprise Fund investment of $40 million in Tala to expand digital banking with Stellar assets, new payment corridors launched by Arf and Tempo (Europe-Philippines) and Bitso (Mexico-US), and VCAD Canadian dollar stablecoin issuance by VersaBank and Stablecorp. Stellar USDC expanded to Liquid exchange in Asia and Bitso in Latin America, while SDF published a CBDC white paper and research on Stellar's energy efficiency. The foundation also engaged with policymakers including Ukrainian President Zelenskyy and will host Meridian 2021 conference November 17-18.
