Conflux Network has announced that it is collaborating with partners to jointly explore the innovative application of stablecoins in Belt and Road Initiative countries.

BlockBeats News, July 29th, Conflux Network announced that it is collaborating with AnchorX and Shanghai Lingang Cross-border Digital Finance to explore how the AxCNH stablecoin can support cross-border payments and innovation in Belt and Road Initiative countries.

BlockBeats previously reported that on July 20th, Conflux Network reached a strategic partnership with AnchorX and Donexin, aiming to promote the issuance of offshore RMB stablecoins, cross-border settlement, RWA, and other application scenarios in Belt and Road Initiative countries. The three parties plan to implement benchmark overseas projects in regions such as Central Asia and Southeast Asia.