Conflux Unveils Revolutionary Plan for Offshore Yuan Stablecoin

Key Points

1. Conflux is launching an offshore yuan (CNH) stablecoin in collaboration with AnchorX and Eastcompeace Technology, targeting trade and investment within the Belt and Road Initiative (BRI) framework.

2. Conflux 3.0, set to launch in August, will significantly increase processing capacity to 15,000 TPS, focusing on large-scale settlements and real-world asset (RWA) applications.

3. The CFX token surged 47.21% in 24 hours following the announcement, though its volatility remains a consideration for investors.

4. The CNH stablecoin aims to provide efficient, transparent, and cost-effective solutions for cross-border commerce, particularly benefiting BRI nations.

5. Conflux's initiatives reflect a broader trend of blockchain integration into global commerce, with potential for further developments in scalability and real-world use cases.