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Ant International refutes reporting Circle partnership, but stablecoin ambitions remain clear

  • Ant International has refuted reports of partnering with Circle Internet Financial to integrate USDC stablecoin into its blockchain platform, stating they have no such plans.
  • Ant's quick denial does not diminish its broader ambitions in the blockchain and stablecoin space, as the company actively seeks licenses, partnerships, and advances in technology.
  • Ant processed over $1 trillion in transactions globally last year with around one-third on its blockchain, and is pursuing stablecoin licenses in Singapore, Hong Kong, and Luxembourg.
  • Stablecoins are gaining traction with companies like PayPal, Walmart, Amazon, and asset managers exploring stablecoin initiatives, despite Ant International denying the partnership speculations with Circle.

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