In response to reports that Ant International is planning to apply for stablecoin licenses in Hong Kong and Singapore, Ant International responded on June 12 that it is accelerating investment and expanding cooperation in global treasury management, and putting our AI, blockchain and stablecoin innovations into real and reliable large-scale applications. "We welcome the passage of the Stablecoin Bill by the Hong Kong Legislative Council, and will submit an application as soon as the bill takes effect on August 1 and the relevant channels are opened, hoping to contribute more to Hong Kong's construction of a future international financial center." Ant International said.