Ant Group's self-developed public chain Jovay is expected to launch its mainnet in September, emphasizing not issuing tokens and focusing on compliant institutional-level blockchain.

Ant's move is steady, with Layer 2 chains handling real transactions and expanding RWA into the new energy and financial sectors.

I believe this will promote the implementation of Hong Kong's RWA white paper. The idea that everything can be RWA is a fallacy, but the potential for stable asset tokenization is enormous.

In the future, the portal effect of Web3 will be amplified. It is recommended to pay attention to the regulations on stablecoin cross-border payments; Ant's actions may ignite the Asian market.