China Carbon Neutrality (01372.HK): Completed Carbon Credit Stablecoin Protocol Testing
Odaily News China Carbon Neutrality (01372.HK) issued an announcement that Future Marvel Limited, a subsidiary of the group, has recently successfully completed the technical testing of the carbon stablecoin (Carbon Coin). Each Carbon Coin (1:1) is anchored to 1 kg of carbon credit. Carbon Coin is a carbon credit anchoring protocol based on real carbon credits, which uses blockchain technology and smart contract technology to achieve efficient, transparent and automated carbon credit transactions. In conjunction with the carbon credit anchoring protocol, the application system includes a carbon account, carbon emission reduction project and carbon credit life cycle management system, a carbon stablecoin trading system, etc., to enhance carbon stablecoins, data compatibility and complete carbon asset trading functions, and help the tokenization of global carbon credits. (ZhiTong Finance)
You may also like

AI Seating Chart Released | Rewire News Morning Brief

Is the era of Embodied AI's "GPT Moment" Approaching? Axis Robotics Announces End of Testing, Set to Launch on Base Chain

Meta Layoff Explained: On the same day as laying off 700 people, they handed out $90 billion in retention bonuses to executives

Binance Cracks Down on Market Makers, a Long-overdue Trial

Wall Street Collective Bearish on 2026, Will the Oil Crisis Trigger a Recession?

Hollywood's AI Necromancy: Death Is No Longer the End of Labor

a16z: DeFi Struggling to Support a True Financial Market

Morning News | Bitmine launches institutional Ethereum staking platform MAVAN; Franklin Templeton launches tokenized ETF; Morgan Stanley to issue and sponsor Bitcoin ETF

Kalshi early employees: Whoever controls the traffic controls the market

Tether signs contracts with four major audits, Circle's compliance moat collapses, stock price plummets by 20%

Proudly Introducing Aethir Claw: Your AI Agent, Our Infrastructure

Why Buying Gold Can Lead to Bankruptcy

If the US Treasury yield rises above 5%, will Bitcoin drop below $50,000?

Circle Plunges 20%: Crypto Earthquake Triggered by Draft Proposal

After the Smoke Clears: 5 Possible Endings to the Middle East Conflict

Stablecoin Yields Discontinued, Circle Plunges 20% in One Day

AI Wired into War Machine | Rewire News Nightly

