Curve Project on Stellar Tests StableSwap, Paving Way for First Deployment Outside EVM
Key Facts
Curve’s project on the Stellar network is progressing through implementation and testing, after an early StableSwap application was tested on both testnet and mainnet, according to Curve DAO’s report for the first half of 2026. The report describes the work as a path toward Curve’s first deployment outside the EVM ecosystem, not a completed launch of the protocol on Stellar. Testing the application on mainnet does not mean, according to the report, that trading has begun or that liquidity is available to users. The report also did not announce a published product that traders can use. This phase places the project in early technical development, while a move to live operations remains a later step that the report did not say had been completed.
Work began with a feasibility study and planning during Q1 2026, then moved to implementation in Q2, according to the report. Curve said implementation is taking place under a project funded by the Stellar Development Foundation. It added that the project recruited a Rust engineer dedicated to the work, indicating that engineering expertise has been assigned to build the application for the Stellar environment. The sequence from study to implementation reflects a shift from assessing potential to building an early version, but the project remained within development and testing during the period covered by the report. The report did not list the project among Curve DAO grant outputs or expenses, explaining that it is funded independently of that grant.
Stellar requires a dedicated technical implementation because its smart contracts run on Soroban, are written in Rust and operate in WebAssembly, according to the Stellar Development Foundation. This differs from the EVM environment on which Curve’s previous applications were based, explaining why the report describes the work as paving the way for the first non-EVM deployment. The report said the project enables exploration of potential use cases including payments, tokenized assets and institutional applications within the Stellar ecosystem. But it did not present those use cases as launched services or operational goals already achieved. It also did not announce trading pools, liquidity volumes or users on the network.
The work comes as financial infrastructure on Stellar has expanded. The Stellar Development Foundation said on 14 October 2026 that the network supports more than 4 billion dollars in tokenized real-world assets. That came in the context of an announcement that Chainlink data feeds and streaming data were available on the network to support on-chain financial applications, including lending markets. These developments provide context for Curve’s exploration of use cases related to tokenized assets and institutional applications, but they do not establish an integration between Curve and Chainlink or the launch of a Curve product on Stellar. In September 2026, Curve announced its availability on Circle’s Arc network, saying it had more than 20 active foreign exchange pools across five other networks, covering 10 currency corridors. Curve described Arc as a layer-1 network built for stablecoin finance and real-world economic activity, in a network expansion precedent ahead of the Stellar project.
The Stellar project is expected to continue during the second half of 2026, according to the forecast in Curve’s report. The report also said an open implementation release is planned, and that the additional Rust expertise developed through the project could support simulation and pricing tools, bots and integration with aggregation platforms. The report framed these capabilities as potential support from the release and expertise gained, not as tools or integrations already launched. The project’s progress remains tied to moving the early application from testing to an open release and operational use cases. The report did not specify a date for publishing that release or when Curve would become available to users on Stellar.