As the global stablecoin market surpasses $250 billion and increasingly becomes a focal point in the digital finance sector, every move by tech giant Ant Group in the stablecoin space is closely watched. Recently, foreign media reported that Ant International plans to collaborate with Circle to integrate the USDC stablecoin into its global platform. However, on the evening of July 10, Ant International officially responded to these rumors, clearly stating, "Media reports are inaccurate, and there are currently no such plans." Although it denied specific cooperation, Ant International's ambitions in the stablecoin and blockchain sectors remain unchanged, with its global layout and technological innovation continuing to accelerate.
- Ant International Clarifies Rumors: Collaboration with Circle is False
On July 10, in response to market rumors about Ant International's collaboration with Circle to integrate Circle's stablecoin (USDC) into its global platform, Ant International quickly issued a response. Ant International stated, "Media reports are inaccurate, and there are currently no such plans."
This clarification indicates that, despite USDC being the second-largest stablecoin globally, Ant International has its own strategic considerations and pace when choosing partners and advancing its business. It also serves as a reminder to the market about the importance of information verification in the rapidly evolving digital asset space.
- Ant International's Stablecoin Ambitions: Global Layout and License Preparation
Despite denying the collaboration rumors with Circle, Ant International's layout and ambitions in the stablecoin sector are undeniable.
Multiple License Applications: On June 12, 2025, Ant International announced plans to establish stablecoin operations in Hong Kong, Singapore, and Luxembourg. On the same day, Bian Zhuoqun, President of Ant Group's Blockchain Business, revealed that the company has initiated the license application process in Hong Kong and has already engaged in multiple rounds of communication with regulators. Ant International confirmed that it will immediately apply for a stablecoin issuer license after the Hong Kong stablecoin regulations come into effect in August.
Enhancing Global Competitiveness: Ant Group processed over $1 trillion in global transactions last year, with one-third processed through its blockchain platform. This stablecoin business layout is expected to further enhance Ant International's competitiveness in the global fintech sector. Thanks to the large volume of transactions processed for Alibaba Group's e-commerce platform and external clients, the growth potential of Ant International's financial management business is increasingly evident.
Strategic Cooperation and Technological Innovation: Ant International is diversifying its layout in major global markets, developing blockchain and cross-border payment technologies.
In 2024, a pilot project for the "DBS Treasury Token" was launched in collaboration with Singapore's largest bank, DBS Bank, exploring application cases in instant tax refund services and cross-border payments for small and medium-sized enterprises.
On June 8, Ant International signed a strategic cooperation memorandum with Deutsche Bank, combining the strengths of both parties and leveraging Ant International's exclusive tokenization technology and AI-based foreign exchange technology to provide more comprehensive payment solutions for businesses of various sizes in Europe and Asia.
On July 4, Ant International, in collaboration with the International Swaps and Derivatives Association (ISDA) and supported by the Monetary Authority of Singapore's "Project Guardian," jointly released a white paper on "The Application of Tokenized Deposits in Transaction Banking," promoting the development of tokenized deposits and shared ledgers in cross-border payments and foreign exchange settlement.
These initiatives highlight the emphasis traditional fintech giants place on stablecoin operations, especially after the U.S. Senate passed legislation establishing rules for dollar-pegged cryptocurrencies in June, leading to greater recognition of stablecoins.
- Stablecoin Market: Entry of Giants and Regulatory Challenges Coexist
The stablecoin market is vast, with approximately $250 billion in circulation as of June. Global regulators are strengthening oversight in this area.
Giants Entering the Market: As cryptocurrency adoption increases, many companies, including financial and tech giants, are gradually entering the field. PayPal's launch of a stablecoin in 2023 marked the first attempt by a large financial company. Companies like Walmart and Amazon are also discussing the issuance of their own stablecoins. Asset management firms like BlackRock and Franklin Templeton have also created tokenized money market fund products that can be used as stablecoins in recent years.
Regulation and Compliance: Despite the influx of giants, the stablecoin sector still faces strict regulatory challenges. Meta's high-profile attempt to launch a stablecoin in 2019 ultimately failed due to backlash, underscoring the importance of regulation.
Ant International revealed that the company is accelerating investments in global treasury management, expanding partnerships, and applying AI, blockchain, and stablecoin innovations to real and reliable large-scale applications. Ant's blockchain platform currently supports various tokenized assets from global banks and institutions and has signed cooperation agreements with over 10 banks worldwide, including HSBC, BNP Paribas, JPMorgan Chase, and Standard Chartered.
Conclusion:
Ant International's clarification regarding the collaboration with Circle indicates its commitment to maintaining an independent strategy in the stablecoin business. However, this does not diminish its significant ambitions in the stablecoin and blockchain sectors. By actively applying for licenses in major global markets, deepening strategic cooperation, and promoting technological innovation, Ant International is dedicated to applying AI, blockchain, and stablecoin innovations to real and reliable large-scale applications, further enhancing its competitiveness in the global fintech sector. In the context of the rapid development of the stablecoin market and increasingly refined regulations, every step taken by Ant International will have a significant impact on the global digital finance landscape.
Related: Reports indicate that Ant International is targeting stablecoin licenses in Singapore and Hong Kong.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
