《Will the Renminbi Stablecoin Arrive? JD.com and Ant Group Accelerate Offshore Market Layout》

According to existing information from multiple sources, JD.com and Ant Group are lobbying the People's Bank of China to approve the issuance of a Renminbi stablecoin, which is basically true.

According to exclusive reports from Reuters, JD.com and Ant Group are actively promoting an offshore Renminbi stablecoin project, planning to apply for compliance licenses through regions such as Hong Kong and Singapore, becoming a new tool for the internationalization of the Renminbi. Although neither company has publicly confirmed this yet, based on JD.com's Liu Qiangdong's recent statements about applying for stablecoin licenses globally, and the progress of Ant Group preparing to apply for stablecoin licenses in Hong Kong, this news has a high level of credibility.

The regulatory environment in Hong Kong is improving, with the "Stablecoin Regulations" set to officially take effect in August. Ant Group has clearly stated that it will submit its application as soon as possible, and JD.com's stablecoin has also entered the testing phase. The regulatory authorities' attitude towards stablecoins is gradually opening up, and relevant officials from the central bank have mentioned that "there is a possibility for offshore Renminbi stablecoins," providing a positive signal for JD.com and Ant Group's layout.

Overall, the Renminbi stablecoin may pilot in the offshore market in the near future, becoming a new lever for the internationalization of the Renminbi. In the future, whether JD.com and Ant can successfully obtain the "green light" from the central bank deserves continued attention. $SUI