This overview of what XDC Network is starts with its design: a layer-1, EVM-compatible blockchain built for trade finance and real-world asset (RWA) tokenization. Its native token is XDC. The network has three parts: the public XDC mainnet, private enterprise subnets with permissioned access and mainnet checkpointing, and XDC Zero, a bridge layer for cross-chain transfers. Ethereum-based smart contracts and tools can be deployed with minimal or no modification.
Core technology and architecture
Blocks are produced about every 2 seconds, and the network uses chain ID 50 for mainnet. XDC 2.0 activated on mainnet on 30 September 2024 at block 80,370,000. The v2.6.8 "Cancun" hard fork went live at block 98,800,200 in January 2026, adding EIP-1559 fee burning and Solidity 0.8.28 support.
Primary use cases and real-world applications
Trade finance
TradeFinex is a decentralized application for tokenizing trade instruments, including invoices, letters of credit, and bills of lading. XDC Ventures acquired Contour Network in October 2025. Contour is a digital letter of credit platform that was initially supported by HSBC, Citi, and Standard Chartered.
Real-world assets
CertiK reports XDC's tokenized value at about USD 1.1 billion as of 12 August 2026. Liqi's partnership began in April 2025 with a target of up to $500 million in RWA issuance, and it was renewed in September 2026 with a total target of $2 billion through 2028. Brazilian securitization firm VERT Capital plans to tokenize up to $1 billion in debt and receivables over 30 months.
Payments
In May 2025, XDC announced a partnership with Bitso Business for cross-border payments from the U.S. to Mexico. In August 2026, XDC Tech integrated Bridge's stablecoin platform for invoice settlement in stablecoins such as USDC.
Consensus and network security
XDC runs XDPoS 2.0 (XinFin Delegated Proof of Stake), which uses Chained HotStuff, a Byzantine fault-tolerant protocol. A committee of 108 masternodes is selected at the start of each epoch, and each epoch lasts 900 blocks, about 30 minutes. XDC states that the chain reaches three-block finality. Running a masternode requires a stake of 10,000,000 XDC and KYC. XDC's rewards page lists a 10% annual rate for masternodes and 8% for standby nodes.
Tokenomics
At the snapshot, XDC traded at $0.03132, down 1.10% over 24 hours, with a market cap of $624.78M (rank #127) and 24-hour volume of $10.91M. The all-time high is $0.1928, and the current price is 83.75% below it. Circulating supply is 19,946,688,440 XDC, and total supply is 38,065,686,425 XDC.
The MiCA whitepaper states that the supply is uncapped. DefiLlama lists a max supply of 25.141B XDC, and this conflict is unresolved in the sources. The genesis allocation totals 37.5B XDC: Founders and Team 15B (40%, unlocking at 3% per year), Ecosystem Development 10B (27%), Pre-Placement 10B (27%), and Treasury/Contingency 2.5B (6%). DefiLlama lists the next cliff unlock on 1 January 2027, at 841.18M XDC.
New tokens are minted as block subsidies to masternode operators. Since Cancun, the base fee of every transaction is burned under EIP-1559. XDC Watch reports 50,310 XDC burned since Cancun, as of its snapshot.
Who is behind XDC Network and where is it based?
XDC Network was introduced by XinFin. XinFin Fintech Pte. Ltd. was incorporated in Singapore on 30 June 2017 and is described in XinFin's MiCA whitepaper as the original developer and issuer of the genesis token. A pre-ICO token sale was announced in May 2017. The public XDCE token sale ran from 5 February to 15 March 2018. The mainnet launched on 1 June 2019, and the Ethereum-based XDCE token was swapped 1:1 for native XDC. The XinFin name was later replaced by XDC Network, but no rebrand date is given in the sources.
XinFin's MiCA whitepaper names Atul Khekade as Co-Founder, Technology & Ecosystem Development, and Ritesh Kakkad as Co-Founder, Early Investor, Blockchain Strategist. Third-party profiles also list Peter Yeo as a co-founder, but XinFin's own materials do not include him. Karan Bhardwaj served as CTO at the time of the 2018 token sale and left that year.
The XDC Foundation is a Cayman Islands not-for-profit formed in mid-2021 through a grant from XinFin. Blockworks states that the Foundation did not issue the native token at launch. The sources do not describe the Foundation's full board or leadership.
The country of operation is only partly confirmed. The MiCA whitepaper gives a Singapore business address for XinFin Fintech. An SBI Holdings notice calls TradeFinex Tech Ltd. a Dubai-headquartered promoter, while Blockworks gives an Abu Dhabi address for the same entity. No source resolves this discrepancy.
Key partnerships and ecosystem integrations
XDC lists SBI Japan, Deutsche Telekom MMS, Securitize, Archax, Mercado Bitcoin, SERPRO Brazil, RAK DAO, and Zanzibar's National Blockchain Sandbox among its partners. USDC and Circle's CCTP V2 launched on XDC, and Curve Finance announced a full DEX deployment. The XDC Network ETP (ticker XDCN) listed on Euronext Amsterdam in October 2025.
Competitive advantages and unique value proposition
XDC's positioning combines EVM compatibility, fast finality, low fees, and a hybrid public and private architecture. The project claims throughput of about 2,000 TPS and fees described as "fractions of a cent per transfer," figures that come from XDC's own site. XDC also describes forensic accountability, a design in which the protocol can identify malicious validators with cryptographic evidence.
Development activity and roadmap
XDC Innovation Labs publishes a quantum-safe migration roadmap. Phase 0 (Q2 to Q3 2026) is underway, with Phase 1 scheduled for Q4 2026, Phase 2 for Q3 2027, and Phase 3 for Q1 2029. The stated target is EU post-quantum cryptography compliance by December 2030. A QRI assessment from June 2026 places XDC in Phase 0. XDC states that its subnet generator is complete, but gives no launch date for subnets. The search did not return any source on zero-knowledge development.