Conflux Public Chain 3.0 is about to be launched, with plans to participate in the pilot issuance of an offshore RMB stablecoin for the "Belt and Road" initiative.

BlockBeats News, July 20th. From July 18th to 20th this month, the Conflux Tree Graph Technical and Ecological Development Conference was held in Shanghai. During the conference, it was announced that Conflux Tree Graph Mainnet 3.0 will be officially launched in August. The transaction throughput will be increased to 15,000 TPS (transactions per second), and it will natively support on-chain calls of Artificial Intelligence Agents, empower cross-border payments, and RWA asset batch settlement, aiming to create a "digital expressway" for Web3. Conflux Tree Graph has also reached strategic partnerships with AnchorX, Dongxin, and Ping An, and together they will promote the landing of offshore RMB stablecoin issuance, cross-border settlement, RWA, and other application scenarios in countries participating in the "Belt and Road Initiative." The three parties plan to participate in pilot projects in Central Asia, Southeast Asia, and other regions, building a tripartite financial technology model of "Technology-Compliance-Security" to further activate the infrastructure value of the Conflux ecosystem in cross-border trade.

"In recent years, stablecoins, RWAs (Real-World Assets), and other emerging entities based on blockchain technology have attracted global attention. They all belong to the Web3 digital world and, compared to the widely used Web2 of the current era, can provide users with more trustworthy digital rights protection. In this context, building a self-controlled and high-performance public chain system holds significant value for China in developing the Web3 ecosystem along the 'Belt and Road Initiative'."