IOTA Positioned as Backbone for $30 Trillion Cross-Border Trade Industry, Says Dominik Schiener

• Dominik Schiener says $IOTA’s strength lies in solving real-world problems amid the ongoing market downtrend.
• $IOTA makes waves in real-world utility by partnering with other blockchain platforms, while also introducing new initiatives.

$IOTA CEO and co-founder Dominik Schiener said the crypto market is currently undergoing a challenging transition phase. Nevertheless, Schiener noted that $IOTA is positioned as the foundation for the $30 trillion cross-border trade industry.

$IOTA Focuses on Bringing Real-World Solutions

The comments from the $IOTA CEO are in response to an article on X that claimed “crypto is dead.”

In his post, Schiener celebrated $IOTA for its focus on solving real-world problems. He explained that since launching 10 years ago, the network has prioritized building for the real world. Schiener added that $IOTA does not depend on the crypto-native bubble to succeed.

According to the co-founder, $IOTA aims to understand the needs of its users and build tailor-made solutions for their problems. This is their main focus, rather than chasing speculative cycles and doing the same as everybody else.

$IOTA Role in Change Crypto World | Source: Dominik Schiener on X

To Dominik Schiener, $IOTA has embedded itself to become vertically integrated in cross-border trade, an important sector of the global economy.

He highlighted that the team has turned $IOTA into a technology stack over the last few years. Accordingly, the blockchain found a product market by solving real problems.

Specifically, the co-founder pointed out that they transformed $IOTA into a digital infrastructure. He said $IOTA is now digitizing cross-border trade in a $30 trillion industry. As a result, $IOTA brings entire countries onchain with its data, identity, payments, tokenization, and finance solutions.

How $IOTA Price Reacts and Recent Expansion Moves

Schiener also acknowledged the painful state of the market, which has negatively impacted crypto traders and investors.

However, he believes the downtrend is a crucial moment for the market. Schiener is also optimistic that $IOTA will emerge stronger than any other cryptocurrency, as it is currently in a good position.

Unfortunately, the price of the $IOTA crypto is currently down more than 4% over the previous day to $0.088. However, the growth signs ahead are positive, especially if market conditions get better.

One proof of a good shift ahead is the trading volume metric, which keeps climbing. At the moment, trading volume is up 28% to $15.39 million. This shows users are very active.

Finally, Schiener said $IOTA is closer than ever to fulfilling its vision of becoming a global digital infrastructure, transforming industries and economies.

His comments were made shortly after announcing a bold vision for reshaping Africa’s trade landscape.

As mentioned in our previous post, $IOTA recently launched a new initiative, Africa’s Digital Access and Public Infrastructure for Trade Initiative (ADAPT). Schiener described ADAPT as a practical response to long-standing structural frictions in cross-border African trade.

As $IOTA continues to gain real-world utility, Orobo is developing a modern infrastructure framework for DPPs on the blockchain. The integration supports transparent, compliant, end-to-end product tracking, increasing the real-world adoption of the protocol.

Meanwhile, $IOTA has announced a partnership with BitGo, a regulated digital asset custodian in the U.S. As featured in our recent coverage, the integration strengthens exchange liquidity and custody options for broader American market participation.