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人民币

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From July 18 to 20, the Shuyu Conflu× Technology and Ecological Development Conference was held in Shanghai, where it was announced that the Conflux Shuyu public chain 3.0 will officially launch in August. This will increase the transaction throughput to 15,000 TPS (transactions per second) and natively support on-chain calls for artificial intelligence Agents, empower cross-border payments, and facilitate batch settlement of RWA (Real World Assets), creating a 'digital highway' for Web3. Shuyu Conflux has also reached strategic cooperation with AnchorX and Dongxin He Ping to jointly promote the issuance of offshore RMB stablecoins, cross-border settlement, RWA, and other application scenarios in countries along the 'Belt and Road' initiative. The three parties plan to carry out pilot projects in regions such as Central Asia and Southeast Asia, building a financial technology model that integrates 'technology, compliance, and security', further activating the infrastructure value of the Conflux ecosystem in cross-border trade. In recent years, new phenomena relying on blockchain technology, such as stablecoins and RWA (Real World Assets), have attracted global attention. They belong to the Web3 digital world and can provide users with more reliable digital rights protection compared to the widely used second-generation internet, Web2. In this context, creating a self-controlled, high-performance public chain system holds significant value for China's development of the Web3 ecosystem along the 'Belt and Road' initiative. #稳定币 #人民币
From July 18 to 20, the Shuyu Conflu× Technology and Ecological Development Conference was held in Shanghai, where it was announced that the Conflux Shuyu public chain 3.0 will officially launch in August. This will increase the transaction throughput to 15,000 TPS (transactions per second) and natively support on-chain calls for artificial intelligence Agents, empower cross-border payments, and facilitate batch settlement of RWA (Real World Assets), creating a 'digital highway' for Web3. Shuyu Conflux has also reached strategic cooperation with AnchorX and Dongxin He Ping to jointly promote the issuance of offshore RMB stablecoins, cross-border settlement, RWA, and other application scenarios in countries along the 'Belt and Road' initiative. The three parties plan to carry out pilot projects in regions such as Central Asia and Southeast Asia, building a financial technology model that integrates 'technology, compliance, and security', further activating the infrastructure value of the Conflux ecosystem in cross-border trade. In recent years, new phenomena relying on blockchain technology, such as stablecoins and RWA (Real World Assets), have attracted global attention. They belong to the Web3 digital world and can provide users with more reliable digital rights protection compared to the widely used second-generation internet, Web2. In this context, creating a self-controlled, high-performance public chain system holds significant value for China's development of the Web3 ecosystem along the 'Belt and Road' initiative. #稳定币 #人民币
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In the past 10 years, USDCNH has been oscillating sinusoidally around the center of the upward channel of the weekly chart, and consolidating around the upper and lower channels. This is also in line with the fact that the RMB will never go out of extreme trends. Don't bet on super unilateralism. The range contains changes in the strength and weakness of China's exports. The core essence of the RMB is still driven by exports, and the turning point of the export strength and weakness cycle is not a short-term factor. The small spring of global trade in 2017-2018 led to strong external demand and strong exports in China, so the USDCNH price will run to the lower track of the channel. The 2020/2021 epidemic caused supply chain obstruction, and domestic exports stood out in the world. When the epidemic gradually recovered, the global supply chain began to break. During this period, USDCNH ran to the lower track of the channel again. We all know what happened in the next few years. The deterioration of the situation pushed USDCNH back to the upper track of the channel again. The hawkish cabinet in the United States that will take office in 2025 may accelerate this process visibly, and USDCNH will move closer to new highs. The RMB has not broken the rules of the past ten years, and USDCNH will eventually go to 7.52. #USDCNH #DXY #FOREX #人民币 #美元
In the past 10 years, USDCNH has been oscillating sinusoidally around the center of the upward channel of the weekly chart, and consolidating around the upper and lower channels.
This is also in line with the fact that the RMB will never go out of extreme trends. Don't bet on super unilateralism.
The range contains changes in the strength and weakness of China's exports. The core essence of the RMB is still driven by exports, and the turning point of the export strength and weakness cycle is not a short-term factor.

The small spring of global trade in 2017-2018 led to strong external demand and strong exports in China, so the USDCNH price will run to the lower track of the channel. The 2020/2021 epidemic caused supply chain obstruction, and domestic exports stood out in the world. When the epidemic gradually recovered, the global supply chain began to break. During this period, USDCNH ran to the lower track of the channel again.

We all know what happened in the next few years. The deterioration of the situation pushed USDCNH back to the upper track of the channel again.
The hawkish cabinet in the United States that will take office in 2025 may accelerate this process visibly, and USDCNH will move closer to new highs.
The RMB has not broken the rules of the past ten years, and USDCNH will eventually go to 7.52.

#USDCNH #DXY #FOREX #人民币 #美元
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