Jingdong and Ant Group recommended that the central bank approve renminbi-based stablecoins."
According to online reports, according to Sina Finance, people familiar with the matter said that Jingdong and Ant Group are recommending that the central bank approve renminbi-based stablecoins. In a closed-door discussion with the central bank of China, JD said there is an urgent need to use offshore RMB stablecoins as a tool to promote the internationalization of the RMB. People familiar with the matter also said that Ant Group is preparing to apply for stablecin licenses in Hong Kong and Singapore, and is also preparing for offshore RMB stablecin.
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