Lates News

Regarding the latest development of JD's stablecoin, JD responded that the JD stablecoin has not been officially issued yet and is currently in the second stage of sandbox testing. We will provide mobile and PC applications for retail and institutions. The testing scenarios mainly include cross-border payments, investment transactions, and retail payments. It is reported that the JD stablecoin is a stablecoin based on a public chain and pegged 1:1 to Hong Kong dollars (HKD) or US dollars (USD). The first stage is planned to issue stablecoins anchored to Hong Kong dollars and US dollars, and the specific situation will be adjusted based on regulatory and market demand. The positioning of JD stablecoin is not limited to serving JD's own ecosystem but is dedicated to providing more efficient, more economical, and more secure payment infrastructure for enterprises and individuals globally. (Sina Technology)