JD.com issues stablecoins to enhance global supply chain and cross-border payment capabilities
ChainCatcher news, according to the Daily Economic News, recently, Dr. Shen Jianguang, Vice President and Chief Economist of JD Group, was interviewed in Hong Kong. He pointed out that stablecoins are a form of decentralized commercial issuance at the corporate level, with minimal fluctuations influenced by macroeconomic factors. JD's issuance of stablecoins aims to further enhance JD's global supply chain and cross-border payment capabilities.Currently, JD has entered the "sandbox" testing phase for stablecoin issuance in Hong Kong. The legislation related to stablecoins in Hong Kong is still being developed, and there are no specific provisions yet. It is expected that after the approval of Hong Kong's "Stablecoin Regulation Draft," the Hong Kong Monetary Authority can officially release the specific implementation details for stablecoins based on this.