Jack Ma-Backed Ant Group to Integrate Circle’s USDC Stablecoin, Report Says
2025-07-11 08:38:17
Main Idea
Ant Group is reportedly partnering with Circle to integrate the USDC stablecoin into its blockchain platform, aligning with China's push for stablecoins and marking a strategic shift for Ant Group.
Key Points
1. Ant Group, backed by Jack Ma, is collaborating with Circle to integrate USDC into its blockchain platform.
2. The partnership reflects Ant Group's strategic pivot following the halt of its IPO in 2020.
3. Circle's stock has surged over 500% since its public debut, indicating strong investor confidence.
4. Ant Group's blockchain platform currently supports multiple tokenized assets and collaborates with over 10 global banks.
5. The move aligns with China's broader push for stablecoins and digital economy growth.
Description
Chinese fintech giant Ant Group is reportedly partnering with Circle Internet Group to integrate its USDC stablecoin into Ant’s blockchain platform. A Strategic Move Amid China’s Stablecoin Push Chinese fintech firm Ant Group is reportedly collaborating with global digital asset platform Circle Internet Group to incorporate its USDC stablecoin onto the Jack Ma–backed company’s blockchain
Latest News
- Bitcoin Price Watch: Bulls Target $120K Amid Strong Technical Breakout2025-07-11 12:01:13
- Agora Raises $50 Million to Accelerate Development of Its Stablecoin Initiative2025-07-11 10:43:19
- Top Online MotoGP Betting Sites with Bitcoin in 2025 [Bet on the German Grand Prix!]2025-07-11 10:13:11
- Argentina Reportedly Secures Zero-Tariff Agreement With the US2025-07-11 09:44:49
- Jack Ma-Backed Ant Group to Integrate Circle’s USDC Stablecoin, Report Says2025-07-11 08:38:17