Binance Square

AntGroup

1,440 views
5 Discussing
RITA H
--
China Eyes Hong Kong Stablecoin Surge 🇨🇳🇰🇷 Breaking: JD.com & Ant Group are lobbying Beijing to allow yuan-pegged stablecoins in Hong Kong. 💸 Goal: Strengthen offshore RMB & counter dollar-pegged crypto. 🚀 HK's new stablecoin rules launch August 1. Will China open the door again? #HongKong #ChinaCrypto #AntGroup #digitalyuan
China Eyes Hong Kong Stablecoin Surge 🇨🇳🇰🇷

Breaking: JD.com & Ant Group are lobbying Beijing to allow yuan-pegged stablecoins in Hong Kong.
💸 Goal: Strengthen offshore RMB & counter dollar-pegged crypto.
🚀 HK's new stablecoin rules launch August 1.
Will China open the door again?

#HongKong #ChinaCrypto #AntGroup #digitalyuan
🚨 BIG MOVES IN CHINA! 🇨🇳💥 💥$JD.com and Ant Group are now lobbying for the approval of Yuan-backed stablecoins—and they’re not playing small. This bold push aims to counter the global dominance of USD-pegged tokens like $USDT and $USDC 💵🆚💴 💥While the U.S. continues to shape the crypto economy with dollar-based stablecoins, China is stepping up its game, aiming to create a sovereign digital foothold in the evolving world of tokenized finance. 👀 If approved, this could reshape global DeFi dynamics, cross-border payments, and challenge the current USD-stablecoin monopoly. 💥Global DeFi is watching. The East is rising. $USDT $USDC #CryptoNews #Stablecoins #China #JDcom #AntGroup #DeFi #DigitalYuan #CBDC #Blockchain #Web3 #CryptoUpdates
🚨 BIG MOVES IN CHINA! 🇨🇳💥

💥$JD.com and Ant Group are now lobbying for the approval of Yuan-backed stablecoins—and they’re not playing small. This bold push aims to counter the global dominance of USD-pegged tokens like $USDT and $USDC
💵🆚💴

💥While the U.S. continues to shape the crypto economy with dollar-based stablecoins, China is stepping up its game, aiming to create a sovereign digital foothold in the evolving world of tokenized finance.

👀 If approved, this could reshape global DeFi dynamics, cross-border payments, and challenge the current USD-stablecoin monopoly.

💥Global DeFi is watching. The East is rising.
$USDT $USDC

#CryptoNews #Stablecoins #China #JDcom #AntGroup #DeFi #DigitalYuan #CBDC #Blockchain #Web3 #CryptoUpdates
See original
Ant Group launches Layer-2 Jovay: A major step into the race for real asset tokenization on EthereumDuring the TOKEN2049 conference in Dubai, Ant Digital Technologies – the digital technology subsidiary of Ant Group – officially announced the Jovay layer-2 platform, a new blockchain solution focused on the Real World Asset (RWA) sector, meaning real assets. Jovay – High-speed Layer-2, serving the future of digital finance Jovay is designed to handle up to 100,000 transactions per second, with near-instantaneous response times, directly targeting the trading needs of traditional assets such as real estate, bonds, securities,... on the blockchain. This is a strategic move to ride the wave of real asset tokenization – a trend expected to revolutionize the finance industry in the coming decade.

Ant Group launches Layer-2 Jovay: A major step into the race for real asset tokenization on Ethereum

During the TOKEN2049 conference in Dubai, Ant Digital Technologies – the digital technology subsidiary of Ant Group – officially announced the Jovay layer-2 platform, a new blockchain solution focused on the Real World Asset (RWA) sector, meaning real assets.

Jovay – High-speed Layer-2, serving the future of digital finance

Jovay is designed to handle up to 100,000 transactions per second, with near-instantaneous response times, directly targeting the trading needs of traditional assets such as real estate, bonds, securities,... on the blockchain. This is a strategic move to ride the wave of real asset tokenization – a trend expected to revolutionize the finance industry in the coming decade.
🌍 Global Fintech Giant Steps Into Stablecoins 📌 Key Highlights: 🔸 Ant International (Alipay’s global arm) to apply for stablecoin licenses 🔹 Targets: Hong Kong, Singapore, and Luxembourg 🔸 Hong Kong’s regulatory regime to take effect in August 2025 🧠 Why It Matters: 💼 Ant Group’s move signals rising institutional confidence in digital assets 🇭🇰 Hong Kong & 🇸🇬 Singapore continue solidifying their role as crypto regulatory leaders 💱 Stablecoin regulation could reshape global cross-border payments 📊 Strategic Timing: 🔐 Licensing aligns with evolving Web3 finance frameworks 💬 Ant's entry may drive mainstream adoption of compliant stablecoins 📰 Source: Bloomberg via CoinDesk | June 12, 2025 #jackma #AntGroup #BTC #firacil {spot}(BTCUSDT) {spot}(XRPUSDT)
🌍 Global Fintech Giant Steps Into Stablecoins

📌 Key Highlights:

🔸 Ant International (Alipay’s global arm) to apply for stablecoin licenses

🔹 Targets: Hong Kong, Singapore, and Luxembourg

🔸 Hong Kong’s regulatory regime to take effect in August 2025

🧠 Why It Matters:

💼 Ant Group’s move signals rising institutional confidence in digital assets

🇭🇰 Hong Kong & 🇸🇬 Singapore continue solidifying their role as crypto regulatory leaders

💱 Stablecoin regulation could reshape global cross-border payments

📊 Strategic Timing:

🔐 Licensing aligns with evolving Web3 finance frameworks

💬 Ant's entry may drive mainstream adoption of compliant stablecoins

📰 Source: Bloomberg via CoinDesk | June 12, 2025

#jackma #AntGroup #BTC #firacil
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number