$CFX, as China's ETH, is an important foundational service infrastructure for stablecoins and RWA, and is also the only legally compliant public chain in the country. In the past few days, the bottom has gradually risen every 4 hours, and there is another significant surge in the market.

August 1st marks the official implementation of the Hong Kong stablecoin scheme, so this report estimates that a market explosion is imminent #Stablecoin# #DigitalAsset#cfx