Ant Group Denies Rare Earth RMB Stablecoin Collaboration Rumors

Ant Group has issued a public statement refuting recent speculation about a proposed collaboration with the People’s Bank of China and China Rare Earth Group to develop a rare earth RMB stablecoin. The company emphasized that no such partnership exists and urged the public to remain cautious about online misinformation that could lead to investment fraud [1].

The rumor, which circulated online on August 11, 2025, suggested that Ant Group was spearheading a groundbreaking financial initiative combining rare earth resources with stablecoin technology. In its official response, the company categorically denied any involvement in such discussions or agreements, without providing further details on the origin or spread of the false claims [1].

This denial underscores the increasing challenges that financial institutions face in managing false narratives within the fast-evolving crypto ecosystem. Analysts note that the rumor appeared to be designed to draw investor attention to particular market segments, possibly inflating speculative interest without a factual foundation. Ant Group’s swift response aligns with a broader trend among major financial firms to publicly address misleading claims that could disrupt market stability or damage corporate reputations [1].

Industry experts have also weighed in, suggesting that the market is unlikely to experience significant fluctuations as a result of this denial. The absence of any confirmed project or funding from the involved parties means that the impact remains minimal. Both the People’s Bank of China and China Rare Earth Group have not expressed interest or involvement in the rumored initiative, according to the company’s statement [1].

Ant Group has a history of navigating digital currency-related discussions and regulatory developments, and this latest clarification appears consistent with its broader strategy of emphasizing transparency and compliance. However, the statement does not hint at any new product launches or technological advancements, leaving the market without additional strategic signals from the firm [1].

The denial also serves as a reminder of the importance of due diligence in the crypto space. Similar incidents have occurred in the past, where enterprise-backed stablecoin rumors were swiftly debunked, helping to stabilize potential volatility. This latest clarification from Ant Group reinforces the need for investors to verify information before making decisions [1].

Source: [1] Ant Group debunks rumors about rare earth RMB stablecoin (https://www.gate.com/post/status/12941895)