The partnership also comes at a time when Ant Group’s global unit, Ant International, is adding more regulated cryptocurrencies to its blockchain to support services like treasury management and cross-border payments. Ant International Global Manager of Platform Tech Kelvin Li said at a conference in Singapore that with this effort, the organization will be focusing on global payments, not crypto transactions.
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Ant Group reportedly plans to add circle’s stablecoin to blockchain
“We believe stablecoins are an important means that will enable us to provide global payments in [a] much more efficient way and bring much better customer experience,” Li said.
