XDC Network Celebrates Sixth Anniversary with 801 Million Transactions and 178,000 Smart Contracts

The XDC Network, an enterprise-grade Layer 1 blockchain launched by XinFin in 2017, is celebrating its sixth anniversary since the mainnet launch and eight years of driving real-world blockchain adoption. Recognized for its enterprise readiness in trade finance, payments, and asset tokenization, the network has established itself as a resilient and enterprise-integrated protocol within the evolving blockchain ecosystem.

Since its launch on June 1, 2019, the XDC Network has processed over 801 million transactions, 89 million blocks, and has 261 validator nodes and 178,000 smart contracts. This highlights its active developer base and long-standing uptime. The network's focus on scalability, security, and interoperability continues to empower decentralized finance, DePIN infrastructure, and tokenized trade ecosystems.

In September 2024, the network implemented its XDC 2.0 upgrade, which enhanced protocol security and operational efficiency. Notable improvements include support for Solidity 0.8.23, LayerZero integration for cross-chain OFT token transfers, and account abstraction through Etherspot, enabling seamless, gasless dApp interactions. Additionally, the release of OpenScan powered XDCScan.io V2 and the onboarding of Etherscan's blockchain explorer have further enhanced transparency, providing real-time analytics and smart contract insights to the public.

The XDC Subnet, a private blockchain designed to create a secure, scalable, and decentralized network within the XDC Ecosystem, allows governments or institutions to set up their own private blockchain and launch their network within just 10 minutes.

XDC.Cash brings the real-world utility of cryptocurrencies to life, making it 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 over 87 million XDC tokens to date. Participants receive psXDC, a tradable asset enabling DeFi participation while earning staking rewards.

Backed by a 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. 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.

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.

Recent milestones in RWA include the tokenization of USTY 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, and Mercado Bitcoin’s first international on-chain sale of fixed income using TradeFinex on XDC.

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.