The Stellar Development Foundation published a comprehensive 2025 year-in-review highlighting major ecosystem growth: RWAs grew 172%, TVL reached $211M+ (up 95%), and the network processed 21.5B+ operations across 10M+ active accounts. Key institutional milestones included PayPal USD going live on Stellar, Franklin Templeton expanding tokenized Treasuries to European investors, and the Marshall Islands completing the world's first onchain UBI disbursement.





























