Core Viewpoint - Ant Group's international business division is planning to apply for stablecoin licenses in Singapore and Hong Kong to enhance its blockchain operations and support cross-border payment and fund management services [1][2][3]. Group 1: Ant Group's Initiatives - Ant Group is accelerating investments and expanding partnerships in global treasury management, focusing on the real-world application of AI, blockchain, and stablecoin innovations [2]. - The company welcomes the passage of the Stablecoin Bill by the Hong Kong Legislative Council, which will take effect on August 1, and aims to contribute to Hong Kong's development as an international financial center [3][6]. Group 2: Stablecoin Regulation in Hong Kong - The Hong Kong government published the Stablecoin Bill on May 30, generating significant interest in the stablecoin concept [4]. - The Legislative Council passed the Stablecoin Bill on May 21, establishing a licensing system for fiat-backed stablecoin issuers in Hong Kong [6]. Group 3: Competitors and Market Dynamics - Other major players, such as JD.com, are also entering the stablecoin space, with JD Coin Chain Technology selected as one of the first participants in the Hong Kong Monetary Authority's "stablecoin sandbox" [7]. - Circle, the issuer of the USDC stablecoin, recently went public on the New York Stock Exchange, with its stock price experiencing significant increases post-IPO [9][10]. - Tether's USDT continues to dominate the stablecoin market with a 60% market share, while Circle is expected to increase its market presence due to its brand strength and capital resources [11].
蚂蚁数科启动申请香港稳定币牌照