China's Carbon Neutrality: Carbon Credit Stablecoin Agreement Carbon Coin completes data integration, 200,000 tons of carbon credits successfully on the blockchain

ChainCatcher news, according to Zhitong Finance, China Carbon Neutrality (01372) announced that the data docking work for the carbon credit stablecoin (Carbon Coin) agreement under its subsidiary Future Marvel Limited has been completed, successfully bringing 200,000 tons of carbon credits on-chain.

The Carbon Coin agreement is an important exploration for the company in the field of carbon credit digitization. The completion of data docking with relevant systems provides strong technical support for the on-chain management, trading, and other aspects of carbon credits. "On-chain carbon credits" refers to the digital representation and rights confirmation of carbon allowances or voluntarily approved carbon reductions, such as Verified Carbon Standard (VCS) and Gold Standard, through blockchain technology, achieving transparent management and efficient circulation throughout the entire lifecycle.