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Zhaogang Group and CircleCoin Tech have announced a strategic alliance, concentrating on commodity smart contract settlement, digital trade financing, and supply chain tracking. Zhaogang International will fully integrate stablecoin settlement methods into its operations. Both entities anticipate that this collaboration will bolster the transparency of commodity transactions, minimize credit costs, and enhance the efficiency of cross-border trade. Moving forward, CircleCoin Tech will offer stablecoin support, exchange services, and compliance assurances. The partners aim to adopt compliant stablecoins denominated in Hong Kong dollars or US dollars as settlement instruments, with the objective of reducing transaction costs and jointly advancing the adoption of blockchain and stablecoin technology in international commerce.
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