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The technology company solemnly declares: No stablecoin issuance, beware of false cooperation information.
A certain technology company solemnly declares: Clarifies false information regarding stablecoins and partnerships, and reminds the public to be vigilant.
Recently, a blockchain technology company issued an official statement clarifying the false information circulating in the market regarding its stablecoin products and business collaborations, in order to set the record straight and remind the public to be vigilant against related fraudulent activities.
The company stated that it has recently discovered that some enterprises or individuals have published information claiming to be "in cooperation with the company," which is inconsistent with the facts and has seriously misled the industry and public opinion. The statement specifically emphasized that the company has not officially issued any stablecoins, nor has it established any related communities. All claims regarding the acquisition of the company’s stablecoins may be fraudulent, and the public needs to be vigilant against "stock recommendation" scams to avoid financial losses.
The statement further clarifies that the information regarding the company's products and business cooperation is subject to the announcements published on its official website. The company reserves the right to pursue legal responsibilities for any false information that infringes on its interests.
It is reported that the company's stablecoin project has not yet been officially launched. The first phase plans to introduce stablecoins pegged to the Hong Kong dollar and the US dollar, and it has currently entered the second phase of testing in the Hong Kong Monetary Authority's "stablecoin sandbox". The testing scenarios cover cross-border payments, investment transactions, retail payments, etc., providing mobile and PC application products for both retail and institutional users.
A stablecoin is a type of cryptocurrency that achieves price stability by anchoring assets (such as USD, HKD) or through algorithmic mechanisms. The latest data shows that as of May 3, 2025, the global issuance of stablecoins has surpassed 240 billion USD, indicating its important position in the global financial market.
Public information shows that in July 2024, the company, along with two other institutions, became one of the first participants in the Hong Kong Monetary Authority's "stablecoin sandbox", marking an important step in the company's exploration in the stablecoin field.
Through this statement, the company reaffirms its zero tolerance for false information and calls on the public to refer to official channel information to jointly resist fraudulent activities. With the steady advancement of the stablecoin project, the company is expected to bring new possibilities for global cross-border payments and financial innovation, while also continuing to commit to maintaining market order and protecting user interests.