Ant International, the global arm of Ant Group, has refuted recent claims of integrating Circle's USDC stablecoin. The denial, reported by Chinese media outlet Yicai, contradicts earlier reports suggesting Ant International was planning to support USDC on its blockchain platform. Bloomberg had previously indicated Ant International's intentions regarding USDC support. However, the recent statement from Ant International clarifies their current position, stating these reports are "groundless." This denial highlights the complex regulatory landscape surrounding cryptocurrencies in China. While Ant Group has been exploring blockchain technology, integration with decentralized finance (DeFi) and stablecoins like USDC remains a sensitive issue. The company seems to be treading carefully to remain compliant with Chinese regulations, which have maintained a strict stance against cryptocurrency-related activities. ```

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