The Tree Graph Conflux public chain 3.0 is about to go live, promoting the issuance of the RMB stablecoin under the "Belt and Road" initiative.

On July 20, from the 18th to the 20th of this month, the Conflux Technology and Ecological Development Conference was held in Shanghai, where it was announced that Conflux's public chain 3.0 will officially launch in August. This will increase the transaction throughput to 15,000 TPS (transactions per second) and natively support on-chain calls of artificial intelligence Agents, empower cross-border payments, and enable batch settlement of RWA assets, creating a "digital highway" for Web3. Conflux has also formed strategic partnerships with AnchorX and Dongxin Pingda to jointly promote the issuance of offshore RMB stablecoins, cross-border settlement, RWA, and other application scenarios in countries involved in the "Belt and Road" initiative. The three parties plan to conduct pilot projects in Central Asia, Southeast Asia, and other regions, building a financial technology model that integrates "technology-compliance-security" to further activate the infrastructure value of the Conflux ecosystem in cross-border trade. "In recent years, new phenomena such as stablecoins and RWA (real-world assets) relying on blockchain technology have attracted global attention. They all belong to the Web3 digital world, which can provide users with more reliable digital rights protection compared to the widely used second-generation internet, Web2. In this context, creating a self-controllable high-performance public chain system has significant value for China's development of the Web3 ecosystem in the 'Belt and Road' initiative."