Ant Group refutes rumors of "jointly establishing the world's first rare earth RMB stablecoin with the People's Bank of China and the China Rare Earth Group".

According to reports from HashChain, Ant Group has noticed claims circulating online that it is collaborating with the People's Bank of China and the China Rare Earth Group to establish the world's first rare earth RMB stablecoin. In response, Ant Group clarifies that it has not participated in any such plans with relevant institutions and reminds the public to be vigilant in identifying the authenticity to prevent being deceived.