Liu Peng, CEO of JD Coin Chain Technology: JD stablecoin has not been officially launched yet, currently in the second phase of sandbox testing.

CEO of JD Coinchain Technology, Liu Peng, introduced that JD stablecoin is a stablecoin based on a public chain and pegged 1:1 to Hong Kong dollars or US dollars and other legal tenders. The first phase planned for issuance is stablecoins anchored to Hong Kong dollars and US dollars, with specific details subject to adjustments based on regulation and market demand. The positioning of JD stablecoin is not limited to serving JD's own ecosystem, but is dedicated to providing more efficient, economical, and secure payment infrastructure for global enterprises and individuals. He stated, "Currently, JD stablecoin has not been officially issued yet. It has entered the second phase of sandbox testing, and we will provide mobile and PC applications for retail and institutional users. The testing scenarios mainly include cross-border payments, investment transactions, retail payments, etc." Liu Peng emphasized, "At the same time, we also want to remind the public that JD stablecoin has not been officially issued yet, and there is no channel for purchasing JD stablecoin. Any such information is misleading and fraudulent."