China's Carbon Neutrality: Carbon Credit Stablecoin Protocol Carbon Coin Completes Data Integration, 200,000 Tons of Carbon Credits Successfully On-Chain

According to ChainCatcher, citing Zhitong Finance, China Carbon Neutrality (01372) has announced that its subsidiary, Future Marvel Limited, has completed data integration for its carbon credit stablecoin (Carbon Coin) protocol, successfully bringing 200,000 tons of carbon credits on-chain.

The Carbon Coin protocol represents a significant step in the company's exploration of carbon credit digitization. The completion of data integration with relevant systems provides robust technical support for the on-chain management, subsequent administration, and trading of carbon credits. "On-chaining carbon credits" refers to the process of digitizing and certifying carbon allowances or voluntary emission reductions—such as those under the Verified Carbon Standard (VCS) and Gold Standard—using blockchain technology, thereby enabling transparent lifecycle management and efficient circulation of these carbon assets.