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JD.com is one of China’s leading tech giants.
JD.com and Ant Group are pressuring the People’s Bank of China (PBOC) to allow yuan-based stablecoins.
JD.com and Ant Group propose launching yuan-based stablecoins in Hong Kong to promote yuan internationalization.
Ant Group, an affiliate of Alibaba, is a Chinese tech giant.
Stablecoins are blockchain-based digital tokens typically pegged to liquid assets such as fiat currencies or gold.

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