V23 Soroban on Vanar Chain is proving strong for DeFi and PayFi because it runs Rust based smart contracts on Stellar SCP consensus. I see it consistently pushing three second blocks with stable $0.0005 fees, which really matters once transactions scale into real payment volume.
From what I’m tracking, it handles close to nine million daily transactions with almost perfect success rates, while many EVM chains still see fees jump into dollars during busy DeFi periods. That cost stability makes high frequency PayFi and onchain settlements actually usable.
What stands out to me on the DeFi side is how stateful contracts can embed Kayon reasoning directly. Yield logic and lending risk models run on chain without relying on oracles, which cuts complexity and gas costs compared to typical EVM setups.
For PayFi, Neutron Seeds paired with Worldpay ramps allow real time invoice checks and compliant settlements. Finality is fast enough that disputes are minimized, unlike slower chains where delays create friction.
Scalability feels more robust too. With FBA style resilience and around 18K nodes after the upgrade, it supports RWA tokenization without the latency that L2 bridges introduce. I’m seeing Soroban quietly power agent based apps like VGN yields and Shelby RWAs, blending payments and intelligence in a very clean way.
