Ant, Xiaomi-backed firms lead Hong Kong’s stablecoin push as global market hits $246B

14-6-2025 – The stablecoin arena is witnessing a surge of ambition, with Hong Kong emerging as a focal point for innovation in this rapidly evolving sector. Ant International and Ant Digital Technology, prominent players in the fintech landscape, are gearing up to seek stablecoin licences in the city, a move that signals their intent to [. . source: https://www.cointrackdaily.com/ant-xiaomi-backed-firms-lead-hong-kongs-stablecoin-push-as-global-market-hits-246b/