XDC Network (XDC) token jumps as US Treasury Yield (USTY) tokens debuts

The XDC Network (XDC) token price is skyrocketing after a slight dip between August 24 and August 28. Today's XDC price surge is attributed to the launch of a tokenized US Treasury offering on XDC Network today.

Timeline of Xinfin

XDC Network is now on its way to the $0.1 target price after encouraging price movements over the past weeks. The token is now among the most searched cryptos ranking fourth on CoinMarketCap's list of trending cryptocurrencies.

Despite all of the media attention surrounding the Ripple (XRP) case against the US Securities and Exchange Commission (SEC), the global cryptocurrency market lost $6 billion over the past month.

As XDC, the digital token for XinFin Network, exhibits a powerful display of bullish momentum, the cryptocurrency market is humming enthusiastically. XDC has increased by an incredible 74% in just one week, impressing traders and investors with its massive rise.

The price of the XDC Network token, XDC, has increased for a total of five consecutive days and is currently trading at its highest level since April 2022. The token climbed more than 40% from its lowest point this month to its highest level.

In a recent tweet, Dr. Martin Hiesboeck, Head of Research at Uphold, highlighted the remarkable strength displayed by cryptocurrencies such as XRP, XinFin XDC Network (XDC), Koinos (KOIN), Kaspa (KAS), and Bittensor (TAO), despite the ongoing regulatory challenges surrounding the cryptocurrency market.

XDC, a native token of the hybrid blockchain XDC Network, grew 20% in the last 24 hours, becoming a top gainer in the crypto field on March 21. Currently, XDC is the 80th largest crypto, according to CMC.

Blockchain is bringing decentralization to almost all industries across the globe. Whether it is business or Health, Defi is becoming more and more relevant in every sector with each passing day. The XDC Network (XDC) is one such platform that portrays itself as a Blockchain for businesses.

The Dubai Multi Commodities Centre (DMCC) has announced a new partnership with the firm Comtech Gold in order to digitize gold trading. The DMCC said the tokenized precious metals are backed by DMCC Tradeflow-registered gold bars, and each tokenized gold bar “will be backed by a Tradeflow warrant.

Securrency, a leading blockchain-based financial markets infrastructure and products company, announced today that it will deploy its proprietary Digital Asset Composer on the XDC Network, a state-of-the-art blockchain with a mature ecosystem and a particular focus on real-world applications in global trade and finance.

Securrency, a blockchain-based financial markets infrastructure and products company, announced that it will deploy its proprietary Digital Asset Composer on the XDC Network, a blockchain “with a mature ecosystem and a particular focus on real-world applications in global trade and finance.