SCF #32 Round Recap: The Stellar Community Fund Achievements

The Stellar Community Fund (SCF) #32 round concluded with 78 total submissions, out of which 39 were first-time entries. A total of $1,377,495 worth of XLM was awarded to 17 projects, aiming to drive innovation in the Stellar ecosystem by supporting developers and startups. Key projects like ‘Unalivio’ focus on facilitating overseas payments using stablecoins, while ‘XCAPIT x UNICEF Smart Pay’ is a secure digital asset management tool for NGOs. Others, like ‘SocketFi’, offer a unified social media dApp and ‘Hermes’ provides decentralized leveraged trading on Stellar. The SCF facilitates projects with significant traction or experienced teams, who have well-developed plans for enhancing the Stellar network. The fund continues to be a catalyst for growth, enabling various groundbreaking solutions.