Layer-1 blockchain XDC Network's venture arm said on Wednesday it had acquired Contour Network, a digital platform designed for banks to streamline trade finance with blockchain rails. Contour was originally backed by major banks like HSBC, Citi and Standard Chartered but struggled to scale and was shuttered in late 2023. Under XDC's ownership, it will be restructured with fresh capital injection, a revamped strategy and a focus on integrating stablecoins into real-world trade processes, XDC said in a pre ...