IOTA Foundation activates key upgrade to power global trade network

Jul 2, 2026 5:49 PMPublished Jul 2, 2026 5:49 PM

IOTA is officially abandoning the dream of being a general-purpose blockchain. By pivoting exclusively to TWIN and trade infrastructure, the Foundation is admitting the original broad vision failed. They’ve gutted their team through layoffs to bet everything on a niche network, claiming 30 countries will be live by 2030. Is this a strategic masterstroke to finally achieve utility, or is it a desperate retreat into a narrow corner of the market? Do you agree with this pivot?
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IOTA reaches key TWIN milestones, advancing digital trade infrastructure with stronger technology, real-world adoption and global expansion.

www.thestreet.comIOTA Foundation activates key upgrade to power global trade networkIOTA reaches key TWIN milestones, advancing digital trade infrastructure with stronger technology, real-world adoption and global expansion.

Cryptocurrencies •Blockchain

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