Ant Group: Reports on Collaboration to Create a Rare Earth RMB Stablecoin Are Rumors

ChainCatcher reports that, according to CLS, Ant Group has stated that the online rumor claiming "Ant Group, together with the People's Bank of China and China Rare Earth Group, is jointly launching the world's first rare earth RMB stablecoin" is false. The company has never had any such plans with the relevant institutions. Ant Group reminds the public to carefully verify information to avoid being deceived, and urges investors to approach related sector rumors rationally.