Alibaba's ecosystem is anchoring Ant's treasury business, which is integrating with Circle's USDC and securing deals for tokenized assets with HSBC and BNP Paribas.
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Updated oct 9
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How it started
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Alibaba's ecosystem is anchoring Ant's treasury business, which is integrating with Circle's USDC and securing deals for tokenized assets with HSBC and BNP Paribas.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Ant Digital Technologies tested services with HSBC on October 9, 2026.Sub-event
- Ant International is seeking stablecoin licenses and permits in international hubs including Singapore, Hong Kong, Luxembourg, and is also dealing with new US Senate legislation regarding pegged cryptocurrencies.Sub-event
Ant/Alibaba ecosystem integrates with Circle and secures tokenized asset deals with HSBC and BNP Paribas.1 source
Ant Group is seeking stablecoin licenses in Hong Kong and Luxembourg for its USDC integration.1 source
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The entities involved
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Alibaba Group
Chinese multinational technology company
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Circle
peer-to-peer payments technology company
Coverage
Newest first; wire copies grouped- GuruFocus.comJack Ma's $1 Trillion Blockchain Bet: Circle's USDC Could Be the Key Ant Group may be gearing up for a major move into regulated cryptoand it's picking a hot partner to get there. People familiar say
- TheStreetAlibaba-backed firm eyes partnership with Circle’s USDC Alibaba-backed firm eyes partnership with Circle’s USDC originally appeared on TheStreet. Ant Group, backed by Alibaba Group's co-founder Jack
- CoinDeskAlibaba Founder-Backed Ant Group to Integrate Circle’s USDC on Its Blockchain The international arm of Ant Group, the company backed by Alibaba founder Jack Ma, plans to bring Circle’s USDC stablecoi