TechFlow reported that Malaysia-licensed investment bank Asia Digital Bank Co., Ltd. has completed the issuance of its digital asset ACNH on everPay, a financial payment protocol developed by Web3 infrastructure provider everVision.
The digital asset ACNH is pegged 1:1 to offshore Chinese yuan and represents a fully regulated, compliant innovation. Each ACNH token issued is backed 100% by equivalent real-world assets, including cash, cash equivalents, and short-term government bonds denominated in Chinese yuan.
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