The Stellar Community Fund (SCF) #38 round received 83 submissions and awarded $2,568,750 worth of XLM to 24 innovative projects. Funded initiatives span DeFi platforms, wallets, payment solutions, real-world applications like food delivery and remittances, and developer tools for the Stellar ecosystem. This round highlights the rapid evolution and community commitment to building practical utility on Stellar.
SCF #38 attracted 83 submissions, including 44 first-time applicants, showcasing bold ideas from next-gen DeFi to global financial protocols and infrastructure solutions. The program awarded a total of $2,568,750 in XLM to 24 projects under the Build Award category, with grants ranging from $37,500 to $150,000 worth of XLM. Standout projects include Rubic for cross-chain swaps, FastBuka for African food delivery, Sollpay's keyless ZK wallet, Freedom Pay Wallet for aid disbursements, and Kasi Money for migrant remittances. Other highlights feature IRL's onchain loyalty platform, Stellar Merch Shop with NFT authenticity, WebSoroban IDE for browser-based development, and Peridot Finance for cross-chain DeFi on Soroban. These awards demonstrate Stellar's growing ecosystem in payments, gaming, analytics, and real-world asset traceability, with valuations based on CF Benchmarks' XLMUSD_RR index.