AnchorX has become the first stablecoin issuer to receive a license from the Astana Financial Services Authority (AFSA) in Kazakhstan, officially launching its offshore RMB-pegged stablecoin, AxCNH. The company has signed a memorandum of understanding with Lenovo, Zoomlion, Langhua International, ATAIX, and Conflux to explore the use of AxCNH in cross-border payments, trade settlements, digital asset transactions, and real-world asset applications. AxCNH aims to provide cross-border payment and trade settlement solutions for offshore Chinese enterprises and partners along the Belt and Road Initiative. Additionally, AnchorX has reached an agreement with Kazakhstan's ATAIX exchange to list the AxCNH stablecoin and has completed the deployment and testing of AxCNH's smart contracts on the Conflux network.