Episode Details

This story was originally published on HackerNoon at: https://hackernoon.com/why-institutional-credit-is-moving-to-trade-finance-rails.
XDC Network and Clearpool are building trade finance infrastructure on-chain. Here's what their validator commitments reveal.
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RWA tokenization reached $23B in early 2025, dominated by names like BlackRock and JP Morgan on Ethereum and Solana. But trade finance — which handles 80% of global trade and still runs on paper-based systems — remains largely unaddressed. XDC Network, which has been building compliance-focused infrastructure for this specific use case since 2017, counts Deutsche Telekom, SBI Holdings, and UOB among its Masternode Validators. Clearpool, an institutional credit marketplace with $930M+ in originated loans, recently joined that validator set. Whether this positions them to capture a meaningful share of the trade finance gap remains to be seen, but the capital commitments from known institutions are worth noting.