Why is JD issuing stablecoin? Response: Aim to improve cross-border payment capabilities and serve the real economy.

CEO of JD Coinchain Technology, Liu Peng, said, "Under the guidance of JD Group's overseas business development strategy, our team has conducted a detailed study and analysis in the Web3 field. We found that issuing payment stablecoins through blockchain technology can not only solve the problems encountered in our own cross-border settlement, but also effectively serve other enterprises and the real economy, generating significant economic and social effects for the company and society. At the same time, the Hong Kong government is also actively supporting the Web3 industry. Taking all factors into consideration, we initiated the license application process in Hong Kong for the first time. After about a year of efforts, we are very honored to have obtained regulatory approval and become a participant in the Hong Kong stablecoin issuer sandbox."