XDC Network Targets 15 Trillion USD Trade Finance Market on June 1 Digitalization Push

According to Travis John, XDC Network's institutional business head, on June 1, the global trade finance market is valued at approximately 15 trillion USD, but the industry remains heavily reliant on paper documents, manual reviews, and multiple intermediaries.

XDC Network aims to digitalize trade financing through blockchain-based invoices and bills of lading, potentially reducing SME short-term financing costs from traditional channels' maximum 30% to around 10%. The company acquired Contour Network in 2025, backed by over 100 financial institutions including HSBC, Citi, and Standard Chartered, to integrate stablecoin settlement capabilities into its trade finance network.