Jack Ma-backed Ant Group is reportedly working with USDC issuer Circle to bring the stablecoin to its blockchain, according to a Bloomberg report published Thursday, citing anonymous sources.The report said…
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The international arm of Ant Group, the company backed by Alibaba founder Jack Ma, plans to bring Circle’s USDC stablecoin onto its proprietary blockchain.The rollout will start once U.S. regulators…
In brief
Ant Group plans to integrate Circle's USDC stablecoin into its blockchain platform serving 1.6 billion users.
Integration timeline depends on USDC achieving full U.S. compliance after GENIUS Act passage.
Ant focuses…
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China’s JD.com and Ant Group are pressing the central bank to permit yuan-based stablecoins to counter the rise of U.S. dollar-linked digital currencies, Reuters reported on Friday.They propose launching stablecoins…
China’s e-commerce heavyweight JD.com and Ant Group, the fintech arm of Alibaba, are lobbying the People’s Bank of China (PBOC) to greenlight Chinese yuan-based stablecoins to counter the global rise…
Key Points:Key Point 1Key Point 2Key Point 3Ant International and Lianlian Digital are applying for stablecoin licenses in Hong Kong amid major financial sector changes announced by the Hong Kong…
Singapore-based Ant International, a subsidiary of Jack Ma’s Ant Group, is preparing to apply for stablecoin issuer licenses in Hong Kong, Singapore, and Luxembourg. This initiative by the firm highlights…
The international unit of Alipay owner Ant Group plans to seek stablecoin licenses in Hong Kong and Singapore, Bloomberg reported on Thursday.Ant International will apply for a stablecoin issuer's license…