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Jack Ma’s Ant Group plans to integrate Circle’s stablecoin on blockchain platform – report (CRCL:NYSE)

The concept of using stablecoins in the financial system

Jack Ma-backed Ant Group, an affiliate of China’s e-commerce giant Alibaba Group (NYSE:BABA), is working with Circle Internet Financial (NYSE:CRCL) to bring the USDC stablecoin to its blockchain platform, Bloomberg reported, citing people familiar with the matter.

Ant International, the company’s

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