$CFX Conflux Network announces partnership with AnchorX and Eastcompeace to launch a stablecoin pegged to the offshore RMB to facilitate transactions between Belt and Road countries.

This initiative could enhance the efficiency of cross-border trade and expand the application of stablecoins, potentially increasing the use of Conflux Network in the financial ecosystem of the relevant regions.

Conflux Network has announced collaborations with partners to explore the application of stablecoins in Belt and Road countries. This effort aims to leverage blockchain technology to enhance cross-border payment systems.