JD.com stablecoin licenses are being pursued by the Chinese e-commerce giant to slash cross-border payment costs by up to 90%. The company announced plans to apply for stablecoin licensing regulations…
Chinese e-commerce giant JD.com is stepping into the stablecoin arena, with founder Liu Qiangdong revealing plans for a global licensing push aimed at cross-border payments.The announcement, made during a media…
Key Takeaways:JD.com’s stablecoin is in Phase 2 of Hong Kong’s sandbox testing.
The token is pegged to fiat currencies and built for cross-border and retail transactions.
JD Chain CEO Liu Peng warned…