Jack Ma’s Ant Group Embraces Circle’s USDC in Landmark Crypto Payments Move
Ant Group just handed stablecoins their biggest legitimacy boost yet—by adopting Circle's USDC for payments. The Alibaba-affiliated fintech giant is betting big on dollar-pegged crypto, and the market's taking notice.
Why this stings traditional finance
While Wall Street still debates 'stablecoin regulation,' China's former golden child is quietly building the infrastructure. USDC's latest coup proves crypto moves faster than bureaucrats—and Ant's playing the long game.
The adoption signals a seismic shift: even cautious fintech giants now see dollar tokens as critical infrastructure. One banking exec probably just spilled his martini.