Conflux Launches Offshore Yuan-Backed Stablecoin for Countries in China’s Belt and Road Initiative

Conflux, a Chinese language blockchain platform, has introduced the launch of a brand new offshore yuan-backed stablecoin throughout its Conflux 3.0 community improve occasion in Shanghai. This stablecoin, pegged 1:1 to the offshore Chinese language yuan, goals to facilitate cross-border funds, notably for nations concerned in China’s Belt and Highway Initiative. Conflux has partnered with fintech agency Anchorx […]



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