# Cfx

$CFX
#CFX I added back the positions I reduced this afternoon.
Currently, it still shows potential for long-term holding, especially since it has genuinely deployed offshore RMB and is being used for Belt and Road cross-border trade settlement. It all depends on whether there will be new cooperation projects down the line. After all, Hong Kong stablecoins are just getting started, which is essentially a semi-liberalized state.
AXCNH offshore RMB is currently deployed on only three chains: Conflux (CFX), Ethereum (ETH), and BNB.
After all, CFX has backing and support from the Hong Kong Moneta