Ant Group Seeks Stablecoin Licenses in Hong Kong and Singapore

According to BlockBeats, Ant Group's international division is planning to apply for stablecoin licenses in Hong Kong and Singapore. This move aligns with the company's strategy to expand its financial services in key Asian markets. The application for these licenses reflects Ant Group's commitment to enhancing its presence in the digital currency sector, as stablecoins continue to gain traction globally.