On Wednesday, September 17 at 1:00 PM UTC, Circle officially launched USDC on the XDC Network — a major milestone that brings a regulated¹, fully reserved digital dollar to the XDC ecosystem, enhancing both security and utility across DeFi applications.

As a leader in DeFi on XDC, XSwap Protocol is dedicated to ensuring a smooth and efficient transition for all users.

What’s the Difference Between USDC.e and Native USDC?

In short, USDC.e was a temporary solution. Native USDC is the official, trusted version.

Building Confidence and Liquidity with USDC on XDC

1. Regulatory Trust
   Native USDC is issued by regulated¹ affiliates of Circle.

2. Direct 1:1 Redemption
Redeemable 1:1 for US dollars² through Circle Mint³

3. Future Ecosystem Growth
All upcoming DeFi development, liquidity programs, and protocol integrations on XDC will focus on native USDC.

4. Wider Support
Native USDC will be integrated across exchanges, wallets, and DeFi protocols globally.

Why USDC and XDC Are a Perfect Match

The XDC Network is a Layer-1 blockchain optimized for:

• Global trade finance
• Real-world asset (RWA) tokenization
• Enterprise payments

It features low fees, high transaction throughput, and full EVM compatibility. Now with USDC, the network gains even greater appeal for institutions and developers.

Key Benefits of USDC on XDC:

• Regulated¹, fully reserved, and redeemable 1:1 for USD²
• Institutional on/off-ramps via Circle Mint³
• Seamless integration into decentralized apps and platforms

For Businesses: Access Native USDC Through Circle Mint³

Qualified businesses can use Circle Mint to access USDC directly on XDC:

1. Open a Circle Mint Account
   Submit your business information to begin the application process.
2. Deposit Funds
   Once approved, deposit funds via wire transfer.
3. Mint or Redeem USDC on XDC
   Convert fiat to USDC on XDC or back to fiat without using third-party bridges. Circle Mint also supports native swaps across supported blockchains.

Top Apps Using USDC on XDC

Leading apps and protocols already integrating USDC on XDC include:

• XSwap Protocol
• Fireblocks
• XDC.cash
• XDC Trade Network
• CCTP.exchange
• cctp.to
• Interport

USDC is quickly becoming the standard stablecoin across the XDC ecosystem.

Final Call

USDC.e helped bootstrap liquidity, but the future is native.

By having USDC on XDC:

● Stronger security and compliance

● Direct access to the expanding DeFi ecosystem on XDC

● Peace of mind knowing your stablecoin is redeemable and regulated¹

Now is the time to move forward.

— The XSwap Protocol Team

Explore more about USDC on XDC

Learn More |Open a Circle Mint Account

[1] USDC is issued by regulated affiliates of Circle. A list of Circle’s regulatory authorizations can be found here.

[2] Circle Mint customers are able to redeem USDC directly from Circle. In addition, Circle will redeem all USDC presented to it for redemption in compliance with MiCAR, regardless of whether the holder is a Circle Mint customer. Circle Mint is currently available only to institutions and is not available to individuals.

[3] Circle Mint and money transmission services are provided by Circle Internet Financial, LLC. Circle Internet Financial, LLC, NMLS # 1201441, is a licensed provider of money transmission services. A full list of Circle’s licenses can be found here. Circle Mint is currently available only to institutions and is not available to individuals.

Key Changes:

• Token Swap: 1 XTT = 2 XSP.
• XSP becomes the sole native token of the project, unifying all utilities and rewards.
• Simple Migration Process: A dedicated smart contract and web interface will allow XTT holders to easily swap their tokens.

Why Merge?

1. Simplified Ecosystem
   With the launch of V3 DEX and new farming pools, rewards are now distributed in XSP and other project tokens, reducing the role of XTT. Merging the tokens ensures a smoother, more cohesive user experience.
2. Stronger XSP Utility
   XSP will serve as the primary token across all XSwap services, increasing its demand, liquidity, and market relevance.
3. Benefits for Holders

• XTT holders receive 2 XSP for every 1 XTT, enhancing the value of their holdings.
• XSP holders face no dilution — instead, the merger reinforces XSP’s position in the ecosystem with increased liquidity.

Next Steps:

• The migration process will begin soon, with clear instructions provided.
• All XTT holders will be notified in advance about swap timelines and procedures.
• XTT on cex, farming and staking needs to be withdrawn and migrated using our smart contract.

This move is part of XSwap’s long-term strategy to build a more sustainable and scalable ecosystem. We believe this consolidation will benefit the entire community and solidify the project’s market presence.

The XSwap Protocol Team

XSwap Protocol has completed the integration of Circle’s bridged USDC standard on the XDC Network. Bridged USDC enables seamless and secure transfers of USDC between XDC Network and USDC-supported blockchains, including Ethereum and Arbitrum at launch.

The bridging platform is a permissionless, on-chain utility that facilitates the transfer of USDC via a native lock-and-mint process. This mechanism allows USDC to be transferred from one blockchain to another, maintaining a 1:1 correspondence throughout the process. Unlike traditional methods that often involve creating synthetic versions of assets, bridged USDC ensures that liquidity remains unified and capital-efficient.

Bridged USDC will significantly enhance XDC Network’s cross-chain capabilities as users will be able to move USDC seamlessly from different blockchains, such as Ethereum and Arbitrum, to XDC Network.

Advantages of Bridged USDC on XSwap

1. Enhanced Liquidity. Bridged USDC provides a unified liquidity layer, allowing more users to access the XDC Network and its ecosystem of applications, while also supporting more efficient trading and asset management on XSwap.

2. Cost Efficiency. The lock-and-mint process reduces transaction fees, making it more economical for users to move USDC across chains. This is driven, in part, by XDC Network’s low gas fees as compared to other blockchains.

3. Seamless Transactions. Bridged USDC enables quick and efficient transfers, eliminating delays often associated with traditional bridging solutions. Users can transact with confidence, knowing that their assets are moved securely and promptly.

4. Web3 Access. The bridging platform on XSwap utilizes a web3 protocol that allows users to swap USDC into the bridged USDC standard USDC.e token. USDC.e represents a 1:1 value with USDC. Any user can leverage the bridging platform’s capabilities without needing to sign up for accounts or navigate complex processes.

CertiK Audit Completed

CertiK recently completed a full audit of the bridged USDC standard smart contracts as well as the bridging platform created and maintained by XSwap on XDC Network. The audit resulted in a AA security score.

Conclusion

Bridged USDC managed by XSwap on the XDC Network is an essential tool for cross-chain transfers. Currently utilizing traditional bridging technology, it is set to evolve, enhancing its efficiency. This bridge plays a crucial role in enabling secure and seamless asset transfers across blockchains.

The XSwap team remains committed to the ongoing enhancement of the XDC network, the projects within its ecosystem, and its vibrant community. Currently, the team is actively engaged in crafting a new farming platform tailored explicitly for the V3 iteration of our decentralized exchange (DEX). This platform will serve as a catalyst for projects looking to encourage liquidity providers to augment liquidity for their tokens, thereby fostering enhanced stability, increased trading volume, and heightened interest among traders.

This article aims to guide you through the process of participating in the incentive program.

To engage in an incentive program, it is imperative to hold a liquidity position in the corresponding pool of XSwap V3, with specific tokens pairs and fee tiers aligning accordingly. Each such position is represented by a non-fungible token (NFT), and every NFT position, once staked, independently accrues rewards.

Upon navigating to the main page, you can select the desired incentive program, gaining access to fundamental information regarding the program.

Upon accessing any of the programs, you will find comprehensive information regarding the incentive program and its associated liquidity pool. Each program operates within a specific time frame and is allocated a predetermined total rewards pool to be distributed throughout its duration.

The Annual Percentage Rate (APR) is a key metric, determined by factors such as total rewards, rewards token price, and the overall value of the locked pool. It serves as an approximate value, calculated using the formula:

APR = (rewards_per_second * seconds_in_year) / total_value_locked * 100.

The vesting period denotes the duration during which a position must remain active. If the price remains within the staked position’s range for the entire vesting period, the position can claim 100% of the rewards. Conversely, if the price stays within the range for a shorter duration, the position can claim a proportionate share of the accrued rewards, calculated linearly. This feature safeguards against liquidity manipulations with excessively tight positions.

For those with pertinent liquidity positions, these will be displayed at the bottom of the page under the “Relevant positions” section.

It Is important to note that positions deemed non-relevant are not displayed on this page. Each position is identified by its NFT ID, liquidity value, and an indication of its active status, signifying whether the price is within the designated range. Inactive positions, those where the price is not within the specified range, do not earn rewards, although they can still be staked. There is no limit to the number of NFT positions you can stake.

Upon clicking “stake,” your NFT is seamlessly transferred to the smart contract, and your position is subsequently relocated to the “Staked positions” section.

From this point forward, your position begins accruing rewards as long as it remains active (with the price within the designated range). You can easily monitor the accumulated rewards and the percentage of the vested period.

While it’s possible to unstake your position at any time, it’s advisable to wait until the vested period reaches 100% to ensure that all remaining rewards are successfully claimed. The claiming of rewards and the unstaking process occur in a single transaction; there is no separate option for claiming rewards.

Upon clicking “unstake,” your NFT is returned to your account along with the earned rewards.

For projects interested in establishing an incentive program, the process involves deciding on the program’s duration, reward token, its quantity, and optionally, a vesting period. To initiate this, please reach out to the Xswap team.

I believe this provides clarity on the operational dynamics. Should you have any questions or need any clarification, feel free to ask.

Looking for a reliable crypto wallet? Check out our XSwap Wallet review from a user’s perspective. I’ll cover everything from the user interface to security & support and this review applies to the Android wallet app only.

XSwap Wallet is a DeFi wallet that gives users complete control over their crypto by providing them with their own private keys. It is the ideal place to store, earn interest, and grow your XRC-20 tokens. Additionally, it offers a streamlined experience for accessing dApps on the XDC Network.

In this article, I will navigate XSwap wallet to test its user-friendly interface and its easy usage. Let’s look at its overall design, functions, navigation, and if it meets the needs of its user. Also, I will find out if using the wallet can provide a seamless and enjoyable experience.

User Interface and Navigation of XSwap Wallet

XSwap Wallet user interface (UI) is easy to navigate and understand. The wallet is visually pleasing and has clear key features and functions.

Once you open the wallet, you can easily find the features and functions you can explore without even watching a tutorial.

In the home button, you will see your Account details with the wallet address and balance. You can also send and receive XRC-20 tokens by directly tapping Receive and Send buttons.

Below are the Manage Wallet, Wallet connect, Browser, Settings, and Lock Wallet functions. Once you click one of these functions, it will immediately direct you to its intended function. If you want to create more wallets, you can do it on Manage wallet. You can also change your password in the settings quickly and it is where you can find your Seed Phrase Recovery (SRP) details.

Another thing that amazes me is the Browser feature. Once you click the button, you will be directed to the XSwap browser, and you will see all the links to XSwap dApps. You don’t have to input the links manually if you want to access their DEX, Launchpad, farming, staking, or governance. You can also connect your wallet to other dApps in the XDC network that are integrated with wallet connect by typing in their web address in the space provided for.

On the main wallet interface, you can see your balance, wallet address, Receive, Send, +Add, Tokens, and Activities.

If you want to receive and send tokens, you can easily tap the buttons to do the transactions. If you want to add tokens to your wallet, you can easily tap +Add; once you click the button, you will be directed to a list of tokens, or you can choose to customize and paste the token address.

The token list has both XSP token, the XSwap’s native token, and XTT, the farming reward token, as default tokens in the XSwap wallet. You don’t have to add it manually. You can also check your transaction history in the Activity button.

The wallet interface is friendly and easy to use as it is simplified than other crypto wallets. The navigation is straightforward; it has clear and consistent labeling with a logical layout. You can easily manage your funds at your convenience; the wallet is also quick. I’ve used different wallets, some of which take so long to respond as it lags most of the time. XSwap is different; it is fast and convenient to use!

Account Setup and Security in XSwap Wallet

Account setup with XSwap wallet is pretty straightforward than other crypto wallets. Once you’ve downloaded the app from Playstore (iOS version coming soon), you can create your wallet immediately without any hassle.

Three simple steps in creating your wallet in Android:

Create a Password & PIN

Set a strong password, and choose the security measures using biometrics and PIN code.

You don’t have to use Google Authenticator to log in to your XSwap wallet, which is much less hassle. Also, inputting your biometrics ensures that you are the only one who can access your wallet.

Save your private keys.

The second step is to save your private keys or recovery seed phrase which is very important.

In crypto, they always say “not your keys, is not your tokens”, but with XSwap, you own your tokens as you are the only one with access to your seed phrase.

The devs put out an important notice so users are well reminded to keep their private keys. Reminders are still there even after successfully creating your wallet.

It is very important that you keep your seed phrase in a safe place in case you lose your device. You will still have access to your wallet by importing it to other devices that also support the 12-word seed phrase.

Input your private keys

The last step in creating your wallet is to input your private keys correctly. Once done, you’ve successfully created your XSwap wallet!

Making Transactions

Sending and receiving tokens in XSwap wallet is easy, here’s how you you do it:

Sending Tokens

To send tokens to another wallet, click the SEND button on your dashboard and choose the token you want to send. Make sure to have the address of the recipient wallet, the wallet you will send the tokens to.

Input the amount you are going to send.

Paste the recipient address under the tab To and make sure to double-check the wallet address and transfer details in the next screen.

Then click Confirm and the tokens will arrive in the wallet instantly.

Please note that you must have $XDC for the gas fees.

Receiving Tokens

If you want to deposit tokens in your wallet or your friends like to send you some, click the RECEIVE button on your wallet dashboard.

Copy the address and send it to your sender.

Once your sender sends the tokens, they will arrive in your wallet immediately.

Support and Resources of XSwap Wallet

XSwap Wallet is a non-custodial wallet, so it doesn’t have customer support. However, If you encounter problems, you can contact them through their social media accounts such as Twitter or Telegram. They will try to assist you until your issue is fixed. You can join their Telegram chat to raise your concern and receive real-time support from the community.

You can also find all the resource information in your XSwap wallet settings by clicking “About XSwap”. There you will see their contact information.

XSwap has warm support towards its users; they treat every user as part of their community which you can’t experience on other blockchain projects.

In Conclusion

XSwap Wallet offers a solid user experience for storing and managing your XRC20 tokens securely. The user interface is intuitive and easy to navigate, making it accessible for users of all experience levels.

The account setup process is straightforward, and the security measures, such as biometrics, provide peace of mind for users. Transactions are easy to execute. Overall, the XSwap Wallet is a reliable option for managing your XRC20 tokens but they will always have room for improvement.

The focal point of most DeFi projects nowadays is the presence of the governance tokens. They are regarded as the basic foundation of all things decentralized. Developers will not be able to take pride in saying that they have built a truly decentralized platform which is better than centralized exchanges (CEX) in the absence of these tokens.

In a bid to become a fully decentralized exchange in the XDC blockchain, XSwap Protocol has already released their governance token, XSP. They have also just launched their governance platform. This is in line with the team’s plan to promote inclusivity and to enable their token holders to have a voice in the platform’s future. Token holders will now have a say on how the project will be run by just holding, staking or farming XSP.

XSwap is ultimately governed by its community through forum discussions, and whenever appropriate, voting on proposals held on XSwap Governance.

Only team members can post proposals on the XSP Governance.

It is important to note that once a governance proposal has been created by the Core team, any tokens moved to another wallet are no longer counted in the votation. This eliminates the possibility of someone from moving tokens from wallet to another to gain more votes. Each XSP token is equivalent to 1 vote and you can choose 1 option from the selection provided. The selection that gets the highest votes after the close of the votation wins.

Please check out XSwap’s Governance platform at https://gov.xspswap.finance .

Your count votes. Be a part in shaping the future of XSwap Protocol.

Website

XSwap DEX

DEX’s Analytics

Staking

Governance

Twitter

Telegram

To qualify, all you need to do is follow these three requirements and our team will choose a list of 50 lucky winners who will earn 100,000 XSP each.

1st Requirement

• Create a Coinmarketcap account then search for XSwap Protocol (XSP) or Click here.
• Add XSP to your watchlist by clicking on the star next to the XSP ticker.

2nd Requirement

• Create a Coingecko account then search for XSwap Protocol (XSP) or Click here.
• · Like XSP by clicking on the star below the XSP Price.

3rd Requirement

• Like & Retweet the giveaway tweet.

4th Requirement

• Follow this bot steps to take chance to be from lucky winners.

The airdrop will start at 15th May. Good Luck!!!

Expect the unexpected in the coming weeks.

More about us :

• Website
• Staking Platform
• Whitepaper V1
• XSP on Blocksscan
• Twitter
• Telegram Group
• Telegram ANN
• Github
• Email

XSwap Protocol’s (XSP) Staking Platform, which has an amazing Monthly Reward of 13% for the first three months, has finally launched. After the first three months, a new Monthly Reward percentage would be decided by the community through the XSwap Protocol’s (XSP) Governance Platform.

XSP Staking Details:

• Minimum Staking amount: 3,000,000 XSP
• Early investors had the advantage of purchasing 3million XSP at a very low price. It’s one of the perks of their early investment.
• Staking Contract Maximum amount: 4,000,000,000 XSP
  XSP Staking contract accepts only 4 Billion XSP Tokens
• 13% Monthly Rewards is only good for the 1st 3 months.
• Staking Contract Address
• Staking Audit Report

Start Staking Now

XSP Staking Functions:

Once a user stakes his/her XSP, rewards would be generated instantly.

• 1st Step: Fill the box with the amount that you want to stake. Minimum to stake: 3,000,000 XSP.
• 2nd Step: Click on ‘Approve’. Wait till transaction is confirmed.
• 3rd Step: Now click on ‘Stake’.
• Claim Option: Staking rewards generated can be claimed at anytime, with no minimum claim amount.
• Reinvest Option: Anyone can restake their rewards without leaving their staking positions.
• Unstake ALL (Unstake With Rewards): XSP staked by the user can be unstaked at any time, in cases when the user is satisfied with the rewards that have been generated.
• Unstake & Reinvest Rewards: Stakers can Unstake the staked amount and Restake their XSP rewards only.

More about us :

• Website
• Staking Platform
• Whitepaper V1
• XSP on Blocksscan
• Twitter
• Telegram Group
• Telegram ANN
• Github
• Email

• 1 300 000 000 XSP Locked
• Duration 30 Months
• Team can withdraw just 130 000 000 XSP every 3 Months ( 90 Days )
• XSPTimeLocker address : xdc8d88b4fae9bb421034f69d9f1ade5dfabdc095c7

More about us :

• Website
• Whitepaper V1
• XSP on Blocksscan
• Twitter
• Telegram Group
• Telegram ANN
• Github
• Email