The Stellar Development Foundation Q1 2021 is in review.  SDF had a clear vision for year 2021 and they also had specific and measurable objectives established for accomplishment.  The roadmap is based on 3 strategic pillars which ensures the robustness and usability of Stellar.  They are very clear about continuing to sustain and build on the trust that people have on Stellar, thus fostering sustainable use cases.

Every action plan they have is geared towards fulfilling their mission of creating an equitable access to the financial system in the process of growing the network in a meaningful way.

Several entities which are built on Stellar, contribute to the growth of relevant transaction volumes on Stellar.  Thus, Stellar is very keen about increasing the numbers of entities who will station on the Stellar Network.

The Q1 report points to several accomplishments from their team. 

They point to the official launch of Stellar USDC on the Stellar Network, which was made possible by the transformational partnership they have had with Stellar and Circle.  Thus, they have paired up the world’s fastest growing USD Stable coin with the fastest moving Stellar Network.  Businesses and individual users alike are not able to leverage USDC at the same time they are able to take advantage of Stellar’s low cost, speed, and security features.

Three Enterprise Fund investments in Wyre, Cowrie Integrated Systems, and DSTOQ were made for a total of $6.5 million in Q1, which exceeded its target of one investment per quarter.

The eight finalists of the Stellar Community Seed Fund have been announced.  A new case study featuring DSTOQ have been developed by the Stellar Marketing Team.  The case study highlights, the latest business results and also features several customers who were speaking about how DSTOQ empowers them to achieve financial freedom.

Also, SDF have released Horizon 2.0 as a part of their attempt to facilitate robustness of the Stellar Network. Thus, the major upgrade to Stellar’s public API, Horizon 2.has made possible for performance and architecture benefits which will make the running Stellar’s infrastructure far easier than before.  Thus providing deployers with more flexibility to deploy Horizon.‍

Those who are looking to know more will have to check the Q1 report to understand more about the highlights and their achievements from the current quarter.  There is also a Q1-in-review webinar by Denelle Dixon, SDF CEO and Executive Director, who was joined by Justin Rice, Head of Ecosystem, and Jordan Edelstein, Chief Marketing Officer, to cover the details about the growth metrics for the Stellar network along with other highlights and accomplishments since the start of 2021.