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Articlemedium.comEmir Ayral1y ago

SCF #31 Round Recap

The Stellar Community Fund (SCF) Round 31 awarded $2,068,710 in XLM to 22 projects, including payment solutions, DeFi platforms, developer tools, and RWA tokenization engines. The round received 123 submissions, with 71 being first-time applicants, demonstrating strong ecosystem growth.

Lumen Loop's take

Stellar Community Fund Round 31 concluded with $2,068,710 in XLM distributed across 22 Build Award recipients. Notable winners include Mercuryo (crypto debit card with Mastercard), Kulipa (stablecoin card payments), PayQin (cross-border USDC wallet), Kura (merchant payments in Latin America/Caribbean), and Bebop (banking for Africa's unbanked youth). Infrastructure projects also received support: The Graph's StreamingFast (blockchain indexing), idOS (decentralized identity), K3 Labs (Web3 workflow orchestration), and Swift Wallet SDK (iOS development). The round reflects SCF 6.0's focus on innovation, project launches, and ecosystem growth, with 71 first-time applicants among 123 total submissions.

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