The TWIN Project, led by IOTA founder Dominik Schiener, aims to digitize cross-border trade on a decentralized network. The project has garnered interest from governments around the world, leading to a ramp-up in hiring. The team plans to hire five more members in the next month and aims to have 100 people dedicated to TWIN and its ecosystem within the next two years. TWIN is considered a critical project for the growth and expansion of the IOTA ecosystem, as it has the potential to bring significant investment and real-world adoption. If successful, the project could introduce efficiency into the global trade sector, which is projected to be a $32 trillion industry this year. IOTA's recent upgrade with the launch of IOTA Rebased has positioned the network to leapfrog other L1s. The current trading volume for IOTA has significantly increased, reaching $174 million.



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