Quarterly Reports

Every quarter, we report on SDF’s achievements, spanning from network updates to ecosystem developments to advocacy in policy and regulation.

This report aims to track SDF’s progress along its roadmap to ensure our work is as transparent as our code.

In 2023, utility is the growth exponent for the Stellar network. With delivering utility as the guiding principle, SDF will focus on three building blocks: 1) making innovation easy and scalable, 2) winning over builders, and 3) focusing on utility to build trust.

Summary Q4 2023

Network Stats

To measure and assess growth of the network over time, SDF tracks and compares a select group of metrics YoY to their previous years' equivalents:


Payments processed on the network


Relevant asset transaction volume

Quarterly Reports Overview

SDF is a non-profit organization whose mission is to create equitable access to the global financial system. SDF has no shareholders, no dividends, and no profit motive. Anyone can observe SDF's live accounting and progress towards its stated goals, more or less in real-time. Refer to the mandate page for more details.