Ant Group Denies Rumors of Rare Earth Yuan Stablecoin Collaboration

On August 11, according to Cailian Press, in response to the online rumors of "Ant Group jointly building the world's first rare earth RMB stablecoin with the People's Bank of China and China Rare Earth Group", Ant Group officially responded that it has never had such a plan with relevant institutions, and reminded the public to pay attention to identifying information and prevent risks. [Techflow]