Various signs indicate that the RMB stablecoin is likely to be launched. The President of the United States and the Prime Minister of Japan have both personally come out to promote their respective fiat stablecoins. As the world's second-largest economy and trading nation, East Asia cannot be absent from this historical trend. It is speculated that there may be announcements at the SCO summit at the end of August, and $CFX may be a direct beneficiary, along with $ONT (in collaboration with Alibaba), $VET, $NEO, and $QTUM.
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