Conflux Announces Joint Exploration with Partners on Stablecoin Application Innovations in Belt and Road Countries

BlockBeats News, July 29 — Conflux has announced that it is working with AnchorX and Shanghai Lingang Cross-border Digital Technology to explore how the AxCNH stablecoin can support cross-border payments and innovation in Belt and Road countries.

As previously reported by BlockBeats, on July 20, Conflux, AnchorX, and Eastcompeace reached a strategic partnership to jointly promote the issuance of offshore RMB stablecoins, cross-border settlement, RWA, and other application scenarios in Belt and Road countries, aiming to implement flagship overseas projects. The three parties plan to participate in pilot projects in regions such as Central Asia and Southeast Asia.