At 21:18 on March 22, 2025, the global financial history will witness a quantum leap moment. In the wave of economic globalization, the drawbacks of the traditional cross - border payment system have become increasingly prominent. Problems such as cumbersome processes, long settlement times, high handling fees, and inconvenient currency exchanges have seriously hindered the global economic circulation. Against this backdrop, the ASEAN CBC Free Agreement emerges as the times require. It is expected to become the "Digital Silk Road" for efficient global economic circulation and will be officially launched at 21:18 on March 22, 2025.

 

Emerging in Response to the Times to Meet Payment Needs

As an important engine of global economic growth, ASEAN has very close trade exchanges among its ten member countries. However, the lack of a unified payment system in this region has led to low - efficiency and high - cost cross - border payments, which has had an adverse impact on both internal and external trade exchanges. Meanwhile, the rise of the digital currency market has provided a new way to solve payment problems. The ASEAN CBC Free Agreement is based on the free trade agreement among the ten ASEAN countries and has received support from multiple parties. Among them, the Singapore Carrot Fund provides financial support, the Carrot AI Big Data Storage Center provides support for data processing, and the Development Bank of Malaysia is responsible for building the transaction settlement system.

 

Unique Advantages to Create a High - Quality Experience

Dual - Attribute Vasa Card

The dual - attribute Vasa Card created by the Development Bank of Malaysia combines the functions of a traditional bank card and a digital currency wallet. It allows users to use fiat currency or digital currency for consumption and transfer, and they can also withdraw cash from ATMs around the world, providing great convenience for users.

Flexible Transactions

The agreement supports dual - attribute accounts of fiat currency and digital currency. Users can freely choose the currency for transactions and realize real - time exchange between cryptocurrencies and fiat currencies, meeting the diverse needs of different users.

Additional Income

Users can share the charging dividends from the data storage of the Singapore Carrot AI Big Data Storage Center according to the proportion of the coins they hold, providing an additional source of income.

 

Diverse Ecosystem to Build a Financial System

Convenient Payment

The ASEAN CBC Free Agreement cooperates with the Development Bank of Malaysia to build a cross - border payment network. Whether it is online or offline payment, it has become simple and fast, improving payment efficiency.

Free Exchange

The agreement supports the free exchange of multiple mainstream fiat currencies and digital currencies and can achieve real - time exchange rate transactions. Meanwhile, cooperation with multiple financial institutions ensures the security of the exchange process.

Asset Appreciation

The coins held by users on the chain can earn interest, and the interest is automatically compounded. In addition, the data storage dividend mechanism also encourages users to hold coins for a long time to achieve asset appreciation.

 

Global Strategic Roadmap | From ASEAN Arteries to Financial Star Chains

2025 - 2026

An instant clearing corridor spanning 22 time zones will be connected, absorbing 12% of ASEAN's cross - border payment flow.

Jointly formulate a digital financial infrastructure assessment framework with the IMF.

2027 - 2030

Cover 85 countries and more than 300 financial institutions, handling an annual settlement volume of 8.2 trillion US dollars globally.

Launch interconnection agreements for lending, derivatives, and central bank digital currencies (CBDC).

 

In the future, the ASEAN CBC Free Agreement will always be user - demand - oriented, adhere to compliant development and technological innovation, and join hands with all sectors of the world to jointly open up a free and boundless financial future. At the important moment of 21:18 on March 22, 2025, it will officially step onto the historical stage, bringing new changes and opportunities to the global financial industry.

CBC Token contract address.:

0x9e14a2a28ab2E29c1357e6f82Bf8d5D3d8437d5D

Go live on Binance Chain and identify the contract ending at 8437d5D