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Ant Group, Backed by Alibaba Founder, Set to Revolutionize Finance with USDC Integration on Its Blockchain
Ant Group, Backed by Alibaba Founder, Set to Revolutionize Finance with USDC Integration on Its Blockchain
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Ant Group—the fintech giant backed by Alibaba's founder—just dropped a bombshell: Circle's USDC stablecoin is coming to its blockchain. This isn't just another crypto partnership—it's a seismic shift for institutional adoption in Asia.
Why it matters: With regulators breathing down its neck since the scuttled IPO, Ant's playing the long game. Integrating the world's second-largest stablecoin isn't just about tech—it's a power move to reclaim its fintech throne.
The cynical take: Because what the crypto space really needed was another 'strategic partnership' that'll get Wall Street analysts frothing—until the next shiny object appears. But hey, at least this one might actually move markets.
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