Ant Group Denies Claims of Working on Rare Earth-backed Yuan Stablecoin

MT Newswires Live

08/12

Alibaba Group-backed (HKG:9988, HKG:89988) Ant Group denied claims that it was partnering with China Rare Earth (HKG:0769) to launch a rare earth-backed yuan stablecoin, according to media reports Monday.

"Ant Group has never had such plans with relevant institutions. The public is advised to pay attention and beware of being deceived," the firm said in a Weibo post Sunday.

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The public is advised to pay attention and beware of being deceived,\" the firm said in a <a href=\"https://laohu8.com/S/09898\">Weibo</a> post Sunday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1880383366.USD","symbol_name":"东方汇理中国股票基金 A2 (C)","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2558692122","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2558692122","pubTimestamp":1754964159,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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