XDC Network, an enterprise-grade Layer 1 blockchain launched by XinFin in 2017, celebrates its 6th year since mainnet launch and 8 years of powering real-world blockchain adoption. Recognized for enterprise ready in trade finance, payments, and asset tokenization, the network has established itself as a resilient and enterprise-integrated protocol in the evolving blockchain ecosystem.
Since going live on June 1, 2019, the XDC Network has recorded over 801 million transactions, 89 million blocks, 261 validator nodes, and 178,000 smart contracts, highlighting its active developer base and long-standing uptime. With a strong focus on scalability, security, and interoperability, XDC continues to empower decentralized finance, DePIN infrastructure, and tokenized trade ecosystems.
Advancing Protocol Upgrades and Developer Tooling
In September 2024, the network implemented its XDC 2.0 upgrade, enhancing protocol security and operational efficiency. Notable improvements include Solidity 0.8.23 support, LayerZero integration for cross-chain OFT token transfers, and account abstraction through Etherspot, enabling seamless, gasless dApp interactions.
OpenScan powered XDCScan.io V2 release with improved functionality, and the onboarding of Etherscan’s blockchain explorer have further enhanced transparency, providing real-time analytics and smart contract insights to the public.
XDC Subnet – A private blockchain designed to create a secure, scalable, and decentralized network within the XDC Ecosystem. Governments or institutions looking to run their own private blockchain can easily set up an XDC Subnet and launch their network within just 10 minutes.
Token Utility and Liquid Staking Growth
Whether for payroll, merchant transactions, or remittances, XDC.Cash brings the real-world utility of cryptocurrencies to life, making a promise and a reality. This positions the XDC Network as a robust backbone for international treasury operations and compliant cross-border settlements.
The network’s native token, XDC, has seen increasing utility via PrimeStaking’s liquid staking protocol, which has locked $5.9 million+ TVL and over 87 million XDC tokens to date. Participants receive psXDC, a tradable asset enabling DeFi participation while earning staking rewards.
Institutional-Grade Integrations and Government Partnerships
Backed by deep regulatory focus, XDC has formed alliances with major institutions, including SBI Japan, Deutsche Telekom MMS, Securitize, Archax, Mercado Bitcoin, and SERPRO Brazil. In the Middle East, XDC is actively collaborating with RAK DAO and powering Zanzibar’s National Blockchain Sandbox, emphasizing its alignment with national-level infrastructure projects.
Most notably, XDC is the public blockchain integrated with R3 Corda, validated through a proof-of-concept with SBI R3 Japan, enabling compliant trade document tokenization for enterprises.
XDC Network is designed to be compliant with the ISO 20022 financial messaging standard, which is a global standard for exchanging financial information between banks and financial institutions. In partnership with Bitso Business, XDC recently enabled near-instant, low-cost remittances across the U.S.-Mexico corridor, a $70B+ annual market, offering USD-to-MXN settlement using its ISO 20022-compliant infrastructure.
XDC Network has officially joined the MiCA Crypto Alliance, bringing with it a strong focus on real-world blockchain applications and a clear commitment to regulation, transparency, and long-term trust.
XDC in RWA and TradeFi Leadership
Well before Real World Assets (RWA) became a blockchain trend, XDC was pioneering real-use cases in tokenized trade finance. Through TradeFi.Network and XDC Trade Network, MSMEs now gain on-chain access to tools like electronic Bills of Lading, digital guarantees, and tokenized invoices, directly addressing the global $15 trillion trade finance gap.
In the UK, XDC’s use cases have even been acknowledged in parliamentary discussions on digitizing trade. The network is also a founding member of the Global TFD Initiative, collaborating with global banks and institutions to modernize trade asset distribution. More details shared on medium of XDC Network.
Recent milestones in RWA include:
- USTY tokenization with Securitize, offering blockchain access to U.S. Treasury markets
- Archax’s tokenized funds for BlackRock, State Street, and Fidelity, issued natively on XDC
- Libre’s on-chain fund issuance of MMFs and private credit products
- Mercado Bitcoin’s first international on-chain sale of fixed income using TradeFinex on XDC
Startup Acceleration and Ecosystem Growth
To cultivate innovation, XDC launched a dedicated accelerator program in partnership with Foundership, Plug and Play, Tenity, RAK DAO, Brinc, and others. Selected startups receive seed funding, legal advisory, and global exposure through events like GITEX, TOKEN2049, and Consensus. These ventures span tokenization, payments, DeFi, and ESG, strengthening the network’s Web3 footprint.
As blockchain adoption moves from theory to global utility, the XDC Network is positioning itself as the infrastructure backbone for trade, payments, and RWA tokenization, offering enterprise-grade scalability, military grade security, compliance, and speed.
