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#LatestUpdate# China Launches 🚀New Stablecoin Amid Global Digital Currency Race
The push for greater stability and international utility in cryptocurrency markets has led to the launch of the first regulated stablecoins tied to national fiat currencies designed specifically for cross-border transactions. This week, AnchorX introduced its AxCNH stablecoin, pegged to the Chinese yuan (CNH), at the Belt and Road Summit in Hong Kong. The stablecoin aims to enhance trade and investment flows within the Belt and Road Initiative, a major infrastructure project connecting China to the Middle
✅✅East, E
The push for greater stability and international utility in cryptocurrency markets has led to the launch of the first regulated stablecoins tied to national fiat currencies designed specifically for cross-border transactions. This week, AnchorX introduced its AxCNH stablecoin, pegged to the Chinese yuan (CNH), at the Belt and Road Summit in Hong Kong. The stablecoin aims to enhance trade and investment flows within the Belt and Road Initiative, a major infrastructure project connecting China to the Middle
✅✅East, E