All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders.
- IOTA has become the only cryptocurrency named in an official Chinese government document, issued by the city of Kashgar.
- China usually supports homegrown tech, and if China is testing IOTA, it could become part of its digital infrastructure plans.
Salima, a cryptocurrency enthusiast, recently shared an eye-catching post on X: “IOTA is the only cryptocurrency mentioned by name in an official Chinese government document. No Bitcoin. No Ethereum. Just IOTA.”
The document she referred to was issued by the city of Kashgar in China’s Xinjiang region, a historically strategic hub with over 500,000 residents and a key gateway to Central Asia along the New Silk Road. The report was linked to public projects planned for 2025, highlighting tech priorities like Artificial Intelligence (AI), IoT, and blockchain.
The fact that IOTA was mentioned at all seems to reflect Kashgar’s interest in building smart tourism infrastructure using a leaner, more energy-efficient protocol, something IOTA is known for. Sure, the document itself hasn’t surfaced online yet, and Salima didn’t go into detail about how IOTA might be used, but the mention alone has gotten people talking.
It’s a slight nod, but one that suggests IOTA’s unique approach to distributed tech is catching attention in the right circles. She added, ” Government document. Hard to trace. But yes, it’s out there.”
IOTA’s Recent Milestones
IOTA is already delivering on tangible, real-world use cases where many crypto projects promise future impact. As highlighted in our previous post, IOTA showcased its Distributed Ledger Technology (DLT) at the launch of the first global standard for Digital Product Passports. This is a framework that is developed by the United Nations Economic Commission for Europe (UNECE) and the International Organization for Standardization (ISO).
The system is designed to enhance the verification and tracking of goods across global trade networks, an industry valued at more than $50 trillion. At the event, IOTA showed a real, working version of its distributed ledger technology, demonstrating how it could be applied to massive, real-world systems focused on improving transparency and sustainability.
Alongside this update, we highlighted in our previous article that IOTA rolled out the alpha version of its open-source Notarization Toolkit.
The toolkit comes with two modes: Locked Notarization, which is ideal for things like credentials, certifications, and legal documentation; and Dynamic Notarization, aimed at IoT systems, live data streams, and digital product passports. This flexibility opens up real use cases across industries like manufacturing, logistics, compliance, and even smart cities, areas where trust and traceability really matter.
IOTA’s market performance has also seen a boost. In a recent update, the IOTA team shared: “The IOTA Mainnet reached a new milestone of 100,000,000 transaction blocks!” They also pointed out how the network continues to run efficiently, without congestion, and with minimal energy use, even as it scales.
Data from IOTA’s official site shows us that over 2.1 billion IOTA tokens are currently staked, showing strong engagement from the community. In just the past 24 hours, the network processed more than 7.2 million transactions, highlighting its active usage. IOTA’s market cap stands at around $614 million, though it recently saw a 4. 52% dip.
The circulating supply is listed at just over 3.86 billion tokens, while IOTA’s overall market dominance, its share compared to the entire crypto market, is currently at 0.02%. At the time of writing, the token’s price had climbed to $0.1586, down 4.75% in just 24 hours, with trading volume dropping more than 15% to $13 million.
