Ant Group Denies 'Rare Earth Yuan Stablecoin Development' Rumors

Source
Uk Jin

Summary

  • Ant Group clarified that the claim of joint development of a rare earth yuan stablecoin is not true.
  • Ant Group stated that it has never made such plans with the relevant organizations.
  • The company warned investors to beware of investment decision scams based on this information.

According to O Daily on the 11th (Korean time), Ant Group stated that the claim that it is jointly developing the world's first rare earth yuan stablecoin with the People's Bank of China and China Rare Earth Group is not true.

Ant Group warned, "We have never made such plans with the relevant organizations, and investors should beware of scams that encourage investment decisions based on this."

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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