Ant Group Refutes Rumor of 'Co-building the World's First Rare Earth RMB Stablecoin with the People's Bank of China and China Rare Earth Group'

PANews August 11 news, according to Jinshi reports, Ant Group has noticed online news claiming that 'Ant Group and the People's Bank of China, China Rare Earth Group jointly built the world's first rare earth RMB stablecoin,' and has used this to lure investors to pay attention to related sectors. Ant Group states that it has never had such plans with the relevant institutions, and urges the public to be cautious and prevent falling victim to scams.