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Stellar Development Foundation

A non-profit maintaining the Stellar network for global financial access

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The Stellar Development Foundation (SDF) is a non-profit organization dedicated to achieving equitable access to the global financial system by maintaining and developing the Stellar network, an open-source, decentralized payment network. SDF leads the development of core code such as Stellar Core and Horizon, shapes network-related policies, and collaborates with regulators, developers, and business partners. It also supports ecosystem projects, stablecoin issuance, and infrastructure building through grant programs to promote network adoption and liquidity.

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Founded:
2014

About Stellar Development Foundation

The Stellar Development Foundation (SDF) is a non-profit organization dedicated to supporting the growth of the open-source Stellar network, with a mission to create equitable access to the global financial system.

SDF's core business revolves around allocating funds across four key areas: Growth, Product and Innovation, Assets and Liquidity, and Development. It funds developer engagement through hackathons, grants, and community programs; supports projects that bring real-world assets (RWA) like tokenized securities and stablecoins onto the network; and provides liquidity through market-making programs and incentives for on-chain liquidity providers.

The market pain point SDF addresses is the inefficiency of traditional cross-border payments—slow settlement times, high fees, and limited access for unbanked populations. Stellar offers near-instant settlement at sub-cent costs with global coverage, enabling financial services for everyone.

In the past six months (March to September 2026), SDF reported that RWA on the network surpassed $3 billion by June 2026, up from $1 billion in January and $2 billion in April. Stablecoin transfer volume reached $11.4 billion in Q2, a 72% quarter-over-quarter increase. The network recorded over 10.7 million active accounts and 2,968 monthly active developers as of June 30. Additionally, Protocol 28 upgrade was scheduled for mainnet voting on September 16, 2026, following a testnet upgrade on August 27. U.S. Bank also completed a live pilot of its USBDC stablecoin on Stellar for cross-border payments between North American and European entities.

Updated: Sep 12, 2026

Recent team changes at Stellar Development Foundation: In March 2026, Cláudia Novo joined as Director of Market Development for Brazil, strengthening its Latin America presence. In June 2026, Adam Chambers came aboard as Senior Software Engineer, boosting technical capacity. That same month, Head of International Government Affairs Jon Fink Isaksen departed. Overall, more entries than exits, with continued focus on technology and market expansion.

Updated: Sep 13, 2026