China Carbon Neutral (01372.HK): Completes Carbon Credit Stablecoin Protocol Testing

China Carbon Neutral (01372.HK) announced that Future Marvel Limited, a subsidiary of the group, has recently successfully completed the technical testing of the Carbon Coin, with each Carbon Coin (1:1) pegged to 1 kilogram of carbon credits. Carbon Coin is a carbon credit anchoring protocol based on real carbon credits, using blockchain technology and smart contract technology to achieve efficient, transparent, and automated carbon credit trading. In conjunction with the carbon credit anchoring protocol, the application system includes carbon accounts, carbon emission reduction projects, and a lifecycle management system for carbon credits, as well as a carbon stablecoin trading system, to improve carbon stablecoin, data compatibility, and complete carbon asset trading functions, and help global carbon credit tokenization. (Zhitong Finance) [Odaily Planet Daily]