Conflux Launches Offshore Yuan-Backed Stablecoin for Countries in China’s Belt and Road Initiative

Conflux, a Chinese blockchain platform, has announced the motorboat of a caller offshore yuan-backed stablecoin during its Conflux 3.0 web upgrade lawsuit successful Shanghai. This stablecoin, pegged 1:1 to the offshore Chinese yuan, aims to facilitate cross-border payments, peculiarly for countries progressive successful China’s Belt and Road Initiative. Conflux has partnered with fintech steadfast Anchorx […]