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Ant Group Denies Rare Earth Yuan Stablecoin: Never Had Such Plans With Relevant Institutions

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Aug 11, 2025

On August 11, Ant Group issued an announcement, noting that there are messages on the Internet claiming that "Ant Group is jointly building the world's first rare earth RMB stablecoin with the People's Bank of China and China Rare Earth Group," and using this to induce investors to pay attention to related sectors. Ant Group has never had such a plan with relevant institutions. Please be aware of the risks and prevent being deceived. [BlockBeats]

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