XDC Network 🤝 DTCC
Recently, London Summit showed
$XDC Network sitting at the table with the DTCC (and BlackRock).
XDC Network, alongside
$XRP and
$XLM, is a settlement network for R3’s Corda; the underlying technology that has been chosen back in 2022, to activate one of the largest financial DLT infrastructures (for the DTCC).
By utilizing the XDC Network, institutions can settle debt obligations on-chain. This is powered by ISO 20022 financial messaging and US by Fluent, the most secure, regulated stablecoin in the industry.
Which coincides with DTCC’s regulatory aim for private - and instant settlements (T 0).