XDC Network Achieves $1.3 B USDC Transaction Volume in 90 Days
XDC Network, a crypto‑currency focused on enterprise‑grade payment infrastructure, reported that it has processed $1.3 billion in USDC transactions over the past 90 days. The figure is derived from on‑chain analytics supplied by Token Terminal and represents a milestone for the network’s use of the Circle USDC stablecoin.
Context and Significance
- Stablecoin Utility – USDC has become the predominant stablecoin for real‑world payments and settlements, eclipsing speculative tokens that lack tangible use cases.
- High‑Velocity Capital Movement – The $1.3 billion volume demonstrates the high‑velocity transfer of capital that banks and payment providers seek. Traditional correspondent banking systems can take days and incur costs of $30–$50 per transfer, whereas XDC offers near‑instant settlement at minimal fees.
- Institutional Adoption – As financial institutions accelerate the adoption of digital‑dollar technology, XDC’s activity provides evidence that blockchain‑based payment rails are moving from experimental to essential use cases.
Impact on the DeFi Ecosystem
Another report on the same day highlighted that USDC transactions on XDC reached $3 billion in 30 days, underscoring a broader shift in Decentralised Finance (DeFi) from total value locked (TVL) metrics to transaction‑utility metrics. This shift indicates that users increasingly rely on DeFi platforms for real‑world value transfer rather than merely for speculative gains.
Market Position
- Close price (2026‑01‑15): $0.0443
- 52‑week high (2025‑01‑18): $0.1422
- 52‑week low (2026‑01‑14): $0.0436
- Market capitalization: $838 million
The recent transaction volume positions XDC Network as a leading infrastructure provider for stablecoin‑based settlements, reinforcing its role as a utility rather than an investment asset.
