In today's accelerating wave of globalization, the 'Belt and Road' initiative is building bridges of cooperation among countries around the world. However, in the field of cross-border payments, the various limitations of the traditional financial system act like invisible walls, hindering the efficiency and convenience of trade exchanges. To break down these walls, a quiet revolution of innovation in financial technology is quietly rising.
On July 29, Conflux, in collaboration with AnchorX and Shanghai Lingang Cross-border Digital Technology Co., Ltd., jointly sounded a new chapter in exploring the application of AxCNH stablecoin in cross-border payments. This innovative attempt aims to bring more efficient, secure, and low-cost payment solutions to countries and regions along the 'Belt and Road', contributing to the prosperity and development of global trade.
Shanghai Lingang Cross-border Digital Technology Co., Ltd., as a state-owned giant enterprise with a registered capital of nearly 2 trillion, undoubtedly has strong strength and advanced technology as a strong backing for this cooperation. Conflux, as a leader in the blockchain technology field, provides a solid technical foundation for the application of stablecoins with its outstanding performance and wide influence. The two strong parties have joined forces to create a large-scale cooperation across borders and fields.
The AxCNH stablecoin, as the 'protagonist' of this cooperation, is expected to ignite a revolution in the field of cross-border payments due to its stable characteristics linked to a basket of currencies, as well as the advantages brought by blockchain technology, such as transparency, efficiency, and immutability. It can effectively reduce the risks brought by exchange rate fluctuations, significantly shorten transaction times, and lower transaction costs, providing one-stop, personalized payment services for small and medium-sized enterprises and individual users along the 'Belt and Road'.
With the acceleration of the global digitalization process, the innovative journey of stablecoin application led by Conflux, AnchorX, and Shanghai Lingang Cross-border Digital Technology is bound to ignite a spark of financial technology along the 'Belt and Road'. This is not only a model of business cooperation but also a bold exploration of the future of global financial technology. Let us look forward to this revolutionary cooperation, bringing more possibilities to the field of cross-border payments and injecting new vitality into global economic development.
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