Ant Group is collaborating with its international division to integrate Circle's USD stablecoin USDC on its blockchain platform. It seems that cooperation will fall on Ant International, as part of its strategic layout to introduce regulated cryptocurrencies such as central bank digital currencies and tokenized deposits into its blockchain platform. This technology currently supports its asset management and cross-border payments. Tech giants are gradually entering the stablecoin market, either by themselves or by collaborating with existing stablecoin issuers.