The Coin Chain Technology Company Clarifies False Information Related to Stablecoins and Cooperation

Recently, a blockchain technology company issued an official statement to clarify 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.

Key Points of the Company's Serious Statement

The company stated that it has recently discovered that certain enterprises or individuals are publishing so-called "collaborations with the company" information, which is inconsistent with the facts and seriously misleads the industry and public opinion. The statement specifically emphasizes that the company has not officially issued any stablecoin and has not established any related community. Any information claiming to obtain the company's stablecoin may be fraudulent, and the public should remain vigilant to avoid "stock recommendation" scams to prevent property losses.

The statement further clarifies that information regarding the company's products and business collaborations shall be subject to the announcements published on its official website. The company reserves the right to pursue legal responsibility for any false information that infringes on its interests.

Background and Progress of Stablecoin Projects

According to reports, senior executives of the company's parent company previously stated at a sharing session that they hope to apply for stablecoin licenses in major currency countries around the world, and achieve foreign exchange among global enterprises through stablecoins, reducing cross-border payment costs by 90% and increasing efficiency to within 10 seconds.

The executive said: "Currently, inter-company remittances take an average of 2 to 4 days, and the costs are also not low. We hope to gradually expand into the personal payment sector after completing corporate payments, and in the future, it may be possible for everyone to use our stablecoin for consumer payments on a global scale."

Currently, the company's stablecoin project has not been officially launched. The first phase plans to introduce stablecoins pegged to the Hong Kong dollar and the US dollar, and has entered the second phase of testing in a certain region's financial regulatory authority's "stablecoin sandbox." The testing scenarios cover cross-border payments, investment transactions, retail payments, etc., providing mobile and PC applications for retail and institutional users.

Stablecoin Market Overview

A stablecoin is a type of cryptocurrency that achieves price stability by anchoring to assets (such as the US dollar or Hong Kong dollar) or through algorithmic mechanisms. According to the latest data, as of May 3, 2025, the global issuance of stablecoins has exceeded $240 billion, demonstrating its significant position in the global financial market.

Public information shows that in July 2024, the company, along with two other fintech companies, became one of the first participants in a "stablecoin sandbox" set up by a financial management agency in a certain region, marking an important step in the company's exploration of the stablecoin field.

Conclusion

Through this statement, the blockchain technology company reiterated its zero tolerance policy towards false information and called on the public to rely on official channels for information, collectively resisting 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.