Wu said that Ant Group announced on its official Weibo that it has noticed online reports claiming that "Ant Group is co-establishing the world's first rare earth RMB stablecoin with the People's Bank of China and China Rare Earth Group," and is using this to lure investors to pay attention to related sectors. Ant Group has never had such plans with the relevant institutions. The public is advised to be discerning and to guard against being deceived.