JD Chain to Launch Stablecoin for Global Sales in Hong Kong Macau

JD Chain Technology CEO Liu Peng recently revealed that the JD stablecoin will be first applied in payment and settlement scenarios for the global sales of the Hong Kong and Macau stations within the JD ecosystem. This move is part of JD Chain's broader strategy to integrate stablecoins into various industries, tailoring solutions to meet the unique characteristics and requirements of each sector.

Liu Peng emphasized that the adoption of stablecoins in the JD ecosystem will significantly enhance the efficiency and cost-effectiveness of financial transactions. By reducing transfer times from several days to mere seconds and cutting costs by at least half compared to traditional methods, stablecoins are poised to revolutionize international trade and other financial applications.

JD Chain is actively working towards obtaining its license in early Q4 2025, with plans to launch stablecoins pegged to the Hong Kong Dollar and other currencies. The company is currently conducting tests within the stablecoin issuer sandbox of the Hong Kong Monetary Authority, focusing on three key scenarios: cross-border payments, investment transactions, and retail payments. These tests aim to validate the practical applications and benefits of stablecoins in real-world financial operations.

Liu Peng's statements underscore the potential of stablecoins as a new financial infrastructure in the Web 3 era. By leveraging the advantages of blockchain technology, stablecoins can provide a more efficient, secure, and cost-effective means of conducting financial transactions, paving the way for broader adoption and integration into the global financial system.