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.

1 report, 1 independent Updated Jul 10

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

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

Circle

Keep exploring

Part of

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. All 2 developments

The entities involved

Circle
peer-to-peer payments technology company
- Ripple faces stiff competition from Circle, while Dave Portnoy sold his XRP holdings.Sun 12:54
- Gary An, a researcher at the University of Vermont, is participating in a project related to the Circle program.Sat 15:10

Coverage

Newest first; wire copies grouped

Jul 10BloombergJack Ma-Backed Ant to Add Circle’s Stablecoin to Global Net (Bloomberg) -- Jack Ma-backed Ant Group Co. is working with Circle Internet Group Inc. to adopt its stablecoin on the Chinese fintech compa