Contributing to the Future of Real-World Blockchain Adoption.
Founded by XinFin in 2017, XDC Network is an open-sourced, enterprise-grade blockchain that addresses the challenges of traditional trade finance, cross-border payment and asset tokenization. XDC Network’s mainnet was launched on June 1, 2019, utilizing Delegated Proof of Stake (XDPoS) consensus. Since its inception, XDC Network has been actively working on tokenization, even before the concept of RWA emerged and became the buzz word in the market.
As XDC Network marks its 6th mainnet anniversary today, the past year has showcased a robust trajectory of growth, stability, and enterprise-grade integrations. XDC has matured into a globally recognized Layer 1 blockchain powering real-world asset tokenization, decentralized Physical infrastructure (DePIN), and cross-border trade finance.
Mainnet Resilience and Network Growth
XDC Network mainnet continues to operate with remarkable stability. XDC Network has demonstrated growth, processing over 801 million+ transactions and adding more than 89.1 million blocks. With an expanding infrastructure of 261 validator nodes, the network continues to strengthen its decentralization. This progress is further reinforced by the creation of 1.3 million accounts and the deployment of over 178k smart contracts, showcasing strong developer engagement and innovation.
Pivotal Upgrades and Infrastructure Enhancements
- XDC 2.0 Protocol Upgrade: At block number 80,370,000 in September 2024, the XDC Network successfully implemented the XDC 2.0 upgrade, significantly improving security, efficiency, and user experience.
- Solidity 0.8.23 Compatibility: Implemented in June 2024, this EVM upgrade ensures developers benefit from the latest language enhancements.
- XDC Explorer V2: The XDC Blockchain explorer (https://xdcscan.io) by OpenScan has introduced a range of new features, including NFT support, AI enhancements, customizable themes, and real-time data access, to boost transparency. In October, the network welcomed Etherscan (https://xdcscan.com), one of the most trusted blockchain explorers, providing improved transparency, real-time transaction tracking, smart contract verification, and other advanced capabilities.
- Account Abstraction via Etherspot: Enables user-friendly, gasless dApp interactions with modular SDK and streamlined fee structures.
- Cross-chain via LayerZero: The XDC Network has integrated LayerZero’s Omnichain Fungible Token (OFT) standard, enabling the XDC token to be transferred across different LayerZero-supported blockchains.
- Liquid Staking by PrimeStaking: Prime Numbers Labs’ liquid staking protocol on the XDC Network has achieved a Total Value Locked (TVL) exceeding $5.9 million, with over 87 million XDC tokens staked. This staking allows users to stake XDC tokens and receive psXDC in return, which can be traded or used in DeFi while earning approximately 6% APY.
Institutional-Grade Partnerships and Validation
XDC Network has built strong institutional partnerships with SBI Japan, Deutsche Telekom, Singapore Trade Trust, Archax (UK), Securitize (USA), RAK DAO/DMCC (UAE), and Liqi (Brazil), Mercado Bitcoin (Brazil), and SERPRO (Brazil), making it the most enterprise-integrated blockchain globally.
A crucial measure of the XDC Network’s credibility and sustainability is its growing list of institutional partnerships. From Deutsche Telekom MMS participating in validator operations to Securitize’s integration with BlackRock’s tokenization platform, XDC is rubbing shoulders with financial heavyweights.
XDC Network and the Zanzibar Government collaborated to launch a National Blockchain Sandbox powered by the XDC Network. This initiative, developed by LedgerFi and powered by the XDC Network, aims to foster digital innovation and growth in blockchain technology in Zanzibar.
Moreover, the network’s compatibility with R3’s Corda and strategic presence in regulatory-friendly jurisdictions like the UAE and Singapore strengthen its appeal to global enterprises. Platforms such as Archax, the UK’s first FCA-regulated digital asset exchange, also support tokenized assets built on XDC, including those for RWAs.
This validation isn’t just reputational. It translates to billions in potential tokenized assets, evidenced by recent announcements of $500 million in real-world assets ready to be tokenized on the XDC Network in collaboration with partners like Liqi in Brazil.
The Australian Digital Dollar (AUDD) is set to launch on the XDC Network, aiming to enhance payments and trade tokenization. The integration of AUDD onto the XDC Network leverages the network’s advanced capabilities, including its on-chain security and forensics, subnet functionality, speed and scalability, and enterprise-grade robustness.
Libre, a leading regulated infrastructure provider for tokenized investment products, has joined forces to offer on-chain issuance of hedge funds, money market funds (MMFs), and private credit on the XDC Network blockchain.
XDC Network has concluded its integration with Utila, a leading enterprise-grade digital asset operations platform. This partnership empowers banks and financial institutions to securely custody assets on the XDC Network through Utila’s non-custodial, MPC-based wallets.
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. XDC Network has partnered with Bitso Business to enhance cross-border payments between the U.S. and Mexico, a corridor handling over $70 billion in annual remittances. This collaboration leverages XDC’s ISO 20022-compliant blockchain and Bitso’s fiat infrastructure to offer near-instant, low-cost transactions with real-time USD to MXN conversions. The initiative aims to benefit individuals, SMEs, and fintechs by providing a faster, more affordable alternative to traditional banking systems.
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. This partnership adds valuable perspective to the Alliance’s mission: helping Europe build a responsible and forward-thinking digital asset economy.
These partnerships have active collaborations driving adoption across continents.
Revolutionizing Payments with XDC.Cash
Building on its TradeFi foundations, the XDC Network has ventured aggressively into the payment sector with XDC.Cash, a next-generation crypto-to-fiat off-ramp solution. Powered by Encryptus, this payment layer enables XDC token holders to seamlessly convert their digital assets into local currencies and alternative payment methods (APMs) across more than 100 countries.
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.
Bridging the $15 Trillion Trade Finance Gap
XDC Network since it’s inception has had a major focus on closing the $15 trillion global trade finance gap by enabling tokenized payment, credit, and document exchange infrastructure across global supply chains.
The traditional trade finance system is notoriously fragmented and paper-based, leading to inefficiencies, delays, and high operational costs. XDC Network directly addresses these challenges through its dApps, Tradefi.Network, XDC Trade Network, a decentralized platform that digitizes trade instruments such as invoices, Letters of Credit (LC), Electronic Bills of Lading (eBoL), and guarantees. XDC Network and XDC Trade Network have been recognized and referenced in UK Parliament discussions, particularly regarding the potential of blockchain technology to modernize trade finance and streamline processes.
XDC Network is the First blockchain network to join the Global TFD Initiative. ITFA established the TFD Initiative to boost automation and transparency in trade asset and risk distribution. Members include major global financial institutions and leading service providers such as ABN AMRO, Santander Asset Management, ING Bank, SMBC, ANZ, Commonwealth Bank of Australia, Texel Group, NN Investment Partners and more, recognize the vital role blockchain will play in shaping the future of the trade finance sector, which has already been successfully implemented in other areas of finance.
By converting these documents into tamper-proof digital assets, TradeFinex enables real-time settlement, end-to-end transparency, and fraud mitigation. This has vast implications for MSMEs (Micro, Small, and Medium Enterprises), which often suffer from limited access to trade finance due to lack of visibility and creditworthiness.
The XDC Network’s influence in TradeFi is not just theoretical. SBI XDC Network APAC has already completed a proof-of-concept project with SBI R3 Japan, demonstrating the tokenization and settlement of trade documents using R3 Corda and XDC as the underlying infrastructure. This partnership marks a significant leap towards the institutional adoption of blockchain for trade.
Startup Acceleration: Building Tomorrow’s Blockchain Leaders
To ensure its ecosystem not only grows but also evolves, the XDC Network has launched a structured startup acceleration initiative through XDC Ventures (XVC.Tech). The XDC Accelerator Program, in collaboration with Foundership, RAK DAO, Plug And Play, THub, Pivot, BlockOn, Brinc, Launchpool and Tenity, is a 12-week intensive program designed to nurture early-stage blockchain startups.
Selected ventures receive:
- Seed funding
- Legal compliance and tokenomics advisory
- Access to institutional investors and mentors
- Global event exposure at GITEX, Consensus, TOKEN2049, and more
This program has already helped onboard multiple projects on tokenization, DeFi, payments, and ESG applications. The goal is simple: empower builders who can scale sustainably within the XDC ecosystem.
Advancing Real-World Asset Tokenization (RWA)
XDC Network has positioned itself as a leader in the tokenization of real-world assets:
- USTY via Securitize: Institutional investors such as BlackRock can now access U.S. Treasury-backed tokens on XDC.
- SBI Holdings R3 Corda Bridge: XDC remains the only public blockchain enabling settlement on Corda, validated through SBI’s pilot program.
- XDC Network Partners with Archax: The XDC Network and FCA-regulated Archax have launched their first tokenized fund offerings, including money market funds (MMFs) from Aberdeen, Fidelity, BlackRock, and State Street. This marks a significant step in bridging traditional finance with Web3 through compliant RWA tokenization.
- Plug and Play Accelerator: A dedicated initiative to support RWA-focused startups worldwide.
- TradeFinex x Mercado Bitcoin: Mercado Bitcoin (MB), the largest digital asset platform in Latin America, has made its first on-chain sale of Digital Fixed Income tokens on an international platform using TradeFinex technology on XDC Network.
Ecosystem Expansion and Strategic Collaborations
- Accelerator Partnerships with Brinc, Launchpool, Tenity: Offering capital, mentorship, and GTM support for emerging Web3 startups.
- Deutsche Telekom MMS Node Operation: Strengthening decentralized node infrastructure with global enterprise involvement.
- Government Integration in Brazil via SERPRO: Implementing blockchain-based KYC and AML verification with national-level institutions.
Developer Community and Ecosystem Growth
- XDC 0xCamp: Supporting high-potential startups across DeFi, RWA, Gaming, and infrastructure.
- Presence at Global Events: XDC represented at Consensus 2024, WebX Asia, Token 2049, Bitcoin2025 LasVegas, Blockchain Rio, and ITFA Fintech Summit, demonstrating global traction.
- XDC Forum: A collaborative portal for developers, investors, and DAO contributors to shape the Network’s future.
Looking Forward: Blockchain — The Backbone for Global Trade and Payments
As blockchain moves from hype to utility, the XDC Network is positioned as a vital infrastructure layer, akin to a decentralized SWIFT or an on-chain correspondent bank. With features like smart contract support, institutional compliance, and blazing-fast settlement, XDC is building what many in the industry are still theorizing.
Future plans include expanding support for CBDCs, enhancing privacy layers for enterprise use cases through XDC Subnet, and onboarding more financial institutions into the validator set. The integration with LayerZero has enabled cross-chain interoperability across 125+ blockchains, opening up massive new markets and developer opportunities.
To explore the XDC Network in action, check out these resources:
- XDCScan Explorer XDCScan.com by EtherScan, XDCScan.io by OpenScan — Explore accounts, contracts, and transactions on the XDC mainnet.
- XDC Masternodes Overview — Learn about the validator network and how to participate in it.
- XDC Stats Dashboard — Network metrics including blocks, nodes, and gas usage.
- Developer Portal — Access SDKs, documentation, and tooling for building on XDC.
- XDC Dev LinkTree — Access all the tools and documentation to get started building on the XDC Network.
- XDC Subnet — Private blockchain to create a secure, scalable, and decentralized network within the XDC Ecosystem.
XDC Network Celebrates 6 Years on Mainnet, 8 Years in Existence! was originally published in XDC Network on Medium, where people are continuing the conversation by highlighting and responding to this story.