Stellar Development Foundation

The Stellar Development Foundation is a nonprofit founded in 2014 to broaden access to the global financial system using blockchain technology. Its work centres on building, sustaining and growing the Stellar network, an open-source, decentralised public blockchain designed for fast, low-cost and energy-efficient transactions. The network supports the creation, transfer and trading of digital representations of money, with use cases spanning cross-border payments, remittances and the tokenisation of real-world assets.

Beyond the core ledger, the foundation develops Soroban, a native smart contracts platform intended for payments, asset tokenisation and decentralised finance. Technical work spans decentralised ledgers, smart contracts, payments technology, asset tokenisation, DeFi and open-source software development.

The foundation is headquartered in San Francisco and operates with a global reach. Its network is used by NGOs, corporations, governments and developers, and the organisation supports its ecosystem through grants, funding programmes, developer resources and strategic partnerships. Sectors served include financial services, cross-border payments, remittances, decentralised finance, asset tokenisation, the nonprofit sector and the public sector.

As a mission-driven nonprofit, the foundation's stated focus is equitable access to financial infrastructure, with a commitment to open-source development and ecosystem growth.