China-based Conflux blockchain plans offshore yuan stablecoin, 3.0 upgrade in August
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最新报道：Chinese Layer 1 blockchain Conflux Network announced plans to launch offshore yuan-pegged stablecoins in partnership with fintech firm AnchorX and Shenzhen-listed Eastcompeace Technology, targeting Belt and Road Initiative countries. The network also revealed Conflux 3.0 will launch in August with 15,000 TPS capability for cross-border payments. Conflux's CFX token surged 57% following the news, while Eastcompeace's stock hit daily price limits. The move comes as Hong Kong prepares stablecoin regulations and Chinese firms lobby for yuan-backed stablecoin approvals, despite mainland China's crypto ban.
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