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AxCNH connects traditional finance with DeFi finance to realize global vision

Source: CoinWorld
dForce has proposed integrating AnchorX's RMB-pegged stablecoin AxCNH, which is regulated by Kazakhstan's Hashimutsky Autonomous Region and licensed by AFSA. AxCNH is fully collateralized by offshore RMB reserves, supports 1:1 redemption and can be run on Ethereum, BSC and Conflux platforms. This integration aims to enhance the decentralized lending experience through compliant stablecoins, and support cross-border financial innovation in the context of increasingly improved regulation in Hong Kong and globally.
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