XDC Network, an enterprise-grade Layer 1 blockchain launched by XinFin in 2017, celebrates its sixth yr since mainnet launch and 8 years of powering real-world blockchain adoption. Acknowledged for enterprise prepared in commerce finance, funds, and asset tokenization, the community has established itself as a resilient and enterprise-integrated protocol within the evolving blockchain ecosystem.
Since going reside on June 1, 2019, the XDC Network has recorded over 801 million transactions, 89 million blocks, 261 validator nodes, and 178,000 sensible contracts, highlighting its energetic developer base and long-standing uptime. With a powerful concentrate on scalability, safety, and interoperability, XDC continues to empower decentralized finance, DePIN infrastructure, and tokenized commerce ecosystems.
Advancing protocol upgrades and developer tooling
In September 2024, the community applied its XDC 2.0 upgrade, enhancing protocol safety and operational effectivity. Notable enhancements embrace Solidity 0.8.23 help, LayerZero integration for cross-chain OFT token transfers, and account abstraction by Etherspot, enabling seamless, gasless dApp interactions.
OpenScan powered XDCScan.io V2 launch with improved performance, and the onboarding of Etherscan’s blockchain explorer have additional enhanced transparency, offering real-time analytics and sensible contract insights to the general public.
(*6*) – A personal blockchain designed to create a safe, scalable, and decentralized community inside the XDC Ecosystem. Governments or establishments seeking to run their very own personal blockchain can simply arrange an XDC Subnet and launch their community inside simply 10 minutes.
Token utility and liquid staking Progress
Whether or not for payroll, service provider transactions, or remittances,(*8*) brings the real-world utility of cryptocurrencies to life, making a promise and a actuality. This positions the XDC Network as a sturdy spine for worldwide treasury operations and compliant cross-border settlements.
The community’s native token, XDC, has seen rising utility through PrimeStaking’s liquid staking protocol, which has locked $5.9 million+ TVL and over 87 million XDC tokens to this point. Contributors obtain psXDC, a tradable asset enabling DeFi participation whereas incomes staking rewards.
Institutional-grade integrations and authorities partnerships
Backed by deep regulatory focus, XDC has fashioned alliances with main establishments, together with SBI Japan, Deutsche Telekom MMS, Securitize, Archax, Mercado Bitcoin, and SERPRO Brazil. Within the Center East, XDC is actively collaborating with RAK DAO and powering Zanzibar’s Nationwide Blockchain Sandbox, emphasizing its alignment with national-level infrastructure initiatives.
Most notably, XDC is the general public blockchain built-in with R3 Corda, validated by a proof-of-concept with SBI R3 Japan, enabling compliant commerce doc tokenization for enterprises.
XDC Network is designed to be compliant with the ISO 20022 monetary messaging normal, which is a worldwide normal for exchanging monetary info between banks and monetary establishments. In partnership with Bitso Enterprise, XDC lately enabled near-instant, low-cost remittances throughout the U.S.-Mexico hall, a $70B+ annual market, providing USD-to-MXN settlement utilizing its ISO 20022-compliant infrastructure.
XDC Network has formally joined the MiCA Crypto Alliance, bringing with it a powerful concentrate on real-world blockchain functions and a transparent dedication to regulation, transparency, and long-term belief.
XDC in RWA and TradeFi management
Nicely earlier than Actual World Belongings (RWA) grew to become a blockchain development, XDC was pioneering real-use circumstances in tokenized commerce finance. Via TradeFi.Network and XDC Commerce Network, MSMEs now acquire on-chain entry to instruments like digital Payments of Lading, digital ensures, and tokenized invoices, immediately addressing the worldwide $15 trillion commerce finance hole.
Within the UK, XDC’s use circumstances have even been acknowledged in parliamentary discussions on digitizing commerce. The community can be a founding member of the International TFD Initiative, collaborating with world banks and establishments to modernize commerce asset distribution. More details shared on medium of XDC Network.
Latest milestones in RWA embrace:
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USTY tokenization with Securitize, providing blockchain entry to U.S. Treasury markets
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Archax’s tokenized funds for BlackRock, State Road, and Constancy, issued natively on XDC
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Libre’s on-chain fund issuance of MMFs and personal credit score merchandise
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Mercado Bitcoin’s first worldwide on-chain sale of mounted revenue utilizing TradeFinex on XDC
Startup acceleration and ecosystem development
To domesticate innovation, XDC launched a devoted accelerator program in partnership with Foundership, Plug and Play, Tenity, RAK DAO, Brinc, and others. Chosen startups obtain seed funding, authorized advisory, and world publicity by occasions like GITEX, TOKEN2049, and Consensus. These ventures span tokenization, funds, DeFi, and ESG, strengthening the community’s Web3 footprint.
As blockchain adoption strikes from concept to world utility, the XDC Network is positioning itself because the infrastructure spine for commerce, funds, and RWA tokenization, providing enterprise-grade scalability, army grade safety, compliance, and pace.
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