Ant Group: Reports of cooperation to create a rare earth RMB stablecoin are rumors.

According to Cailian Press, Ant Group stated that the online rumor 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" is false. The company has never had such plans with relevant institutions. Ant Group reminds the public to be careful in identifying information and to be wary of being deceived, and calls on investors to treat relevant sector rumors rationally. [ChainCatcher]