The Stellar Development Foundation reported Q2 2025 momentum with new leadership appointments, TVL growth to $153M (#37 ranking), $4.2B in RWA payment volume, and PayPal's PYUSD stablecoin launching on Stellar.
The Stellar Development Foundation highlighted Q2 2025 as a turning point with significant ecosystem progress. New leadership joined SDF: José Fernández da Ponte as President & Chief Growth Officer and Jason Karsh as Chief Marketing Officer, bringing fintech and Web3 expertise. Stellar's DeFi rankings climbed to #37 with TVL surging to $153M (up from $84M in Q2). The network ranked #2 globally in tokenized treasuries with $4.2B in quarterly RWA payment volume. Enterprise adoption accelerated through the Stellar Disbursement Platform and MoneyGram's expansion to 170+ countries. PayPal's PYUSD stablecoin will launch on Stellar, providing access to 430M accounts and 35M merchants. Meridian 2025 conference is scheduled for September in Rio.
