Ant Group Denies Rumors of Plans For Rare Earth Stablecoins With PBoC



Briefly

  • Chinese technological giant Ant Group said he claims to work on a rare RMB Stablecoin country is false.
  • It comes in the midst of a study of stable use of Chinese e-train companies.
  • Hong Kong -ov regulatory regime Stablecoin was a key initiator for increased interest.

Chinese Technology Gigant Ant Group refused the rumors of the network to work with the National Bank of China (PBOC) on the launch of RMB that supports a rare country Stabblecoin.

Over the weekend, the company said that several articles were seduced by investors, suggesting that the project was in development.

“Ant Group never had such plans with relevant institutions. The public is advised to pay attention and be careful to be fooled,” wrote to Weib on Sunday night.

Destroying comes in the midst of the wave of interest of Chinese companies in Stabiblecoin technology because other countries increase their regulations.

For now, interest is strictly internationally and does not aim to go to the domestic audience. Chinese regulators sent guidelines to mediators last month to cool down in posting research and publication of public comments related to Stablecoine in the midst of concern that he was renewing domestic interest in Crypto currency.

Crypto trading is forbidden in China for fear of financial regulation and economic stability.

Edwin Cheung, CEO of Gate Dubai and former executive director at Gate HK, said Decipher He saw strong enthusiasm from Chinese companies with international weapons for Hong Kong -O’s Stablecoin regime.

“Many e-trade companies, are super energetic in terms of the Hong Kong regime,” he said. “They want to use this regime, whether they do their own stabblecoin or use Stablecoin technology or blockchain technology in their own payment network in their business.”

A group of ants and blockchain

The ants group itself has active blockchain Projects, including plans In order to integrate a circular USDC Stablecoin into his blockchain platform after the token reaches complete compliance in the USA under An ingenious act. He also considered the launch of a stabular supported hongon -dollar dollar.

Other main Chinese companies are moving in the same direction. Jd.com said In June, he plans to look for stable licenses in several countries to reduce the costs and time of cross -border payments.

Giant e-commerce is aimed at starting business transactions before expanding to the use of consumers.

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