Conflux ($CFX ), often dubbed "China's Ethereum," has re-emerged as a focal point in the crypto space, driven by significant technological advancements and strategic initiatives.
🚀 Conflux 3.0: A Technological Leap
In July 2025, Conflux unveiled its 3.0 network upgrade during a conference in Shanghai. This upgrade enhances the blockchain's capabilities, enabling it to process up to 15,000 transactions per second and introducing native support for on-chain artificial intelligence agents. These improvements position Conflux as a scalable and intelligent blockchain platform, catering to complex decentralized applications and real-world asset settlements. [1]
🌐 Strategic Partnerships and RMB Stablecoin Initiative
Conflux has partnered with fintech firm AnchorX and IT security company Eastcompeace to develop a stablecoin pegged to the offshore Chinese yuan (CNH), named AxCNH. This stablecoin aims to facilitate cross-border payments, particularly within countries participating in China's Belt and Road Initiative. The initiative seeks to promote the internationalization of the RMB and expand Conflux's use cases in global trade. [2]
