XDC Network is a hybrid blockchain designed for international trade and finance, and its native coin is XDC. It was started in 2017 as XinFin by Ritesh Kakkad and Atul Khekade, with mainnet launching in 2019.
The project was originally known as the XinFin Network but now mainly uses the XDC Network name. It aims to be an enterprise-ready chain that combines strengths of public and private blockchain designs.
XDC Network uses XinFin Delegated Proof of Stake (XDPoS), and the XDPoS 2.0 upgrade has been live since September 2024. It uses three-block finality, designed so transactions become final within seconds.
The chain is compatible with the Ethereum Virtual Machine, so it can run smart contracts, and its fees are generally low. Its main focus areas include digitizing trade finance documents and working with financial messaging standards such as ISO 20022.
Data provided by CoinGecko
About 37.5 billion XDC were created at genesis, and new coins are added through masternode rewards, so there is no fixed maximum supply. Circulating supply is lower than the total, and figures can vary slightly between data providers.
Masternodes, which act as validators, must stake a set amount of XDC and complete identity checks (KYC). The ecosystem includes real-world platforms such as TradeFinex, which helps small businesses structure trade finance deals and connect with funders.
Commonly cited strengths are fast finality, low fees, EVM compatibility, and a clear focus on trade finance. Requiring KYC for masternodes is intended to make the network easier for institutions to join.
On the other hand, a limited validator set can raise questions about decentralization, and the extent of real enterprise adoption remains to be seen. The uncapped supply, shifting regulation, and high price volatility are also worth weighing, and this overview is not investment advice.
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