XDC

Definition ∞ XDC is the native cryptocurrency of the XinFin Network, a hybrid blockchain platform designed for global trade and finance. It facilitates fast, secure, and low-cost transactions, aiming to bridge traditional financial institutions with decentralized technologies. XDC powers smart contracts and transaction fees on its network.
Context ∞ News regarding XDC typically focuses on its utility in trade finance, its partnerships with financial institutions, or its network upgrades that enhance transaction speed and efficiency. Reports often detail its adoption for specific cross-border payment solutions or its integration into decentralized applications targeting real-world asset tokenization, providing insight into its market penetration and strategic objectives.