PANews, May 14th news, according to Metaverse News, on May 13th, the Hong Kong Web3 Standardization Association announced the introduction of a new vice-chair unit: JD Coin Chain Technology (Hong Kong) Limited. The Hong Kong Web3.0 Standardization Association was established on January 4, 2024, and its main work is to carry out standardization research in the field of Web3.0. JD Coin Chain Technology (Hong Kong) Limited is a subsidiary of JD Technology Group, dedicated to building a global, efficient, reliable, and stable payment infrastructure, providing advanced technology products and services to support the development of the global economy. The company offers a stablecoin based on a public chain and pegged 1:1 to the Hong Kong dollar (HKD), aimed at providing efficient, low-cost, and secure payment solutions for businesses and individuals. The Hong Kong Web3.0 Standardization Association was established on January 4, 2024, and its main work is to carry out standardization research in the field of Web3.0.