XDC Price Soars with Real World Asset (RWA) Adoption.
The adoption of Real World Asset (RWA) tokenization on the XDC Network is gaining significant traction, showcasing promising developments in blockchain’s integration with traditional financial assets. Recently, the XDC Network has witnessed noteworthy advancements, including the introduction of tokenized U.S. Treasury bonds.
XDC network partnered with Yieldteq that has tokenized US Treasuries managed by BlackRock asset management last year, represented by USTY tokens on the Tradeteq platform, highlighting the expanding digital bond market and marking a significant step toward bridging digital and traditional finance.
Furthermore, the success of Supply Chain Financing (SCF) pilots through the tokenization of invoices on XDC Trade Network and TradeFinex has demonstrated the practical application and benefits of blockchain in enhancing business liquidity. These pilots, using the FXD stablecoin built on XDC Network, have effectively streamlined trade financing processes, ensuring more efficient transactions and stronger buyer/supplier relationships.
XDC’s Price Action and Advantage
As of today, April 24, 2024, the XDC price is experiencing a positive trend. According to CoinMarketCap: https://coinmarketcap.com/currencies/xdc-network/, XDC is currently trading around $0.039 with a 8.65% increase in the last 7 days but still affordable with 25388.45 XDC for 1000 USD.
Multiple easy to buy options such as exchanges such as Kucoin, Bitfinex, Uphold, Gate.io, HTX, CEX.io, Bitget, HitBTC, Huobi , Indodax, Bitrue, CoinDCX, Coins.ph, Bitmart, FMFW, Lbank, MEXC, BLOX, Mercatox, CoinEX, StealthEx, Whitebit, Bybit, CoinW, DigiFinex, BuyUcoin, Liquid, Bequant, ProBit, Changelly, Pro Proton, DEX Kinesis. XDC is also tradable on Xswap DEX, Globiance DEX, Changelly, SwapZone , SimpleSwap and much more the institutional and retail investors found it easy to buy XDC from the market. This uptick reflects the growing interest in the network driven by RWA adoption.
This increasing momentum in RWA tokenization on the XDC Network not only supports economic expansion and empowers micro, small, and medium-sized enterprises by providing them easier access to capital but also sets the stage for more innovative and integrated financial solutions in the future. As the technology and applications continue to evolve, the XDC Network is likely to play a pivotal role in the ongoing transformation of the financial landscape.
With the RWA market poised for significant growth, XDC Network is well-positioned to become a leader in this transformative space. As the ecosystem continues to evolve and partnerships flourish, XDC’s potential to disrupt traditional finance and unlock new investment opportunities is undeniable.
