Core Viewpoint - Ant Group is expanding its stablecoin business in response to the upcoming implementation of Hong Kong's Stablecoin Regulation, with plans to operate in Hong Kong, Singapore, and Luxembourg [2][4]. Group 1: Business Expansion - Ant Group's two core divisions, Ant International and Ant Digital Technology, are both entering the stablecoin market following the company's strategic restructuring in 2024 [3]. - Ant Digital Technology aims to create digital trading scenarios based on stablecoins, focusing on expanding usage scenarios and compliance [4][6]. Group 2: Regulatory Environment - The Hong Kong Stablecoin Regulation is set to take effect on August 1, providing a regulatory framework for compliant stablecoin issuance [4]. - Ant International is actively seeking stablecoin licenses in Singapore and Luxembourg, aiming to contribute to Hong Kong's development as an international financial center [4][5]. Group 3: Market Dynamics - The global stablecoin market has seen significant growth, with a total market value reaching $249.7 billion as of May 30, 2025, an increase of over 1100% since 2020 [6]. - Stablecoin transaction volume in 2024 was $28 trillion, surpassing the combined total of Visa and Mastercard, indicating a shift in payment methods [6]. Group 4: Competitive Landscape - Major traditional internet giants, including JD.com and Ant Group, are entering the stablecoin space to address the growing demand for efficient cross-border payment solutions [6][7]. - The advantages of tech giants in issuing stablecoins include existing user bases and the ability to create flexible, scenario-based solutions [8].
蚂蚁集团旗下蚂蚁数科、蚂蚁国际均透露稳定币重大进展，跨境支付“链上革命”提速