Stellar Development Foundation CEO unveils Meridian Pay, a production-ready smart wallet built with Cheesecake Labs, at Meridian 2025 in Rio de Janeiro. The wallet showcases Stellar's capabilities for real-world financial applications with open-sourced code, smart contract templates, and instant XLM disbursement to attendees.
At Meridian 2025 in Rio de Janeiro, the Stellar Development Foundation announced Meridian Pay, a production-ready smart wallet co-built with Cheesecake Labs designed to demonstrate what's possible on Stellar. The wallet features seamless integration of traditional payments and blockchain functionality, with smart contracts that remain invisible to users. All attendees received 500 XLM instantly at scale through the wallet. The entire codebase, UX/UI designs, smart contract templates, and documentation have been open-sourced to serve as a reference implementation for developers building consumer applications. The announcement emphasizes Stellar's focus on real-world financial services, regulatory compliance, and asset configurability, highlighting existing ecosystem projects like AirTM, Blend, Meru, Franklin Templeton, PayPal's PYUSD, and Etherfuse.
