Shang Hai Zheng Quan Bao·2025-08-11 14:27Core Viewpoint - The news highlights that both China Rare Earth Group and Ant Group have denied the existence of any collaboration to create a rare earth RMB stablecoin, labeling the circulating information as false and misleading [2][4][6]. Group 1: China Rare Earth Group's Response - China Rare Earth Group has stated that it has never engaged in any form of cooperation or discussions regarding the so-called "rare earth RMB stablecoin" with any related institutions, emphasizing that the information is fabricated by malicious individuals [2][4]. - The company has warned the public and investors to be vigilant against illegal financial activities and to be cautious to prevent financial losses [2][4]. - China Rare Earth Group has reported the matter to relevant authorities, demanding that the involved parties cease any infringing or fraudulent activities, and reserves the right to pursue legal action against any actions that harm its image and interests [2][4]. Group 2: Ant Group's Statement - Ant Group has also addressed the rumors, clarifying that it has no plans or collaborations with the People's Bank of China or China Rare Earth Group regarding the creation of a rare earth RMB stablecoin, urging the public to discern the truth and avoid being deceived [6].