Chinese Carbon Neutrality: Carbon Credit Stablecoin Protocol Completes Testing

BlockBeats News, July 16th, Hong Kong-listed company China Carbon Neutrality announced that its subsidiary, Future Marvel Limited, has recently successfully completed the technical testing of the Carbon Stabilized Coin, with each Carbon Coin (1:1) pegged to 1 kilogram of carbon credit. The Carbon Coin is a carbon credit anchoring protocol based on real carbon credits, utilizing blockchain technology and smart contract technology to achieve efficient, transparent, and automated carbon credit transactions.