According to online reports, Duodian Intelligent Co., Ltd. announced that it is preparing to apply for a stablecoin license and has purchased Bitcoin. The investment is funded by the company's existing cash reserves. The company has started preparations to apply for a stablecoin license, and plans to optimize payment solutions, enhance consumer experience, and promote the widespread use of stablecoin in retail payment scenarios. In the future, it plans to actively participate in pilot projects by Hong Kong regulatory authorities to jointly promote stablecoin issuance and popularization.