JD Group Aiming for Global Stablecoin Development
Strategic Direction of JD Group with Stablecoin
On June 17, according to sources from Sina Finance, JD Group Chairman Liu Qiangdong revealed an extensive strategic plan regarding cryptocurrency. He intends to seek permission to operate stablecoin in countries with major currency systems, aiming to expand cross-border payment capabilities.
With this plan, JD Group aims to create a cryptocurrency ecosystem that can lead businesses to digitize global payment processes, reducing international transfer costs to 10% and shortening transaction times to 10 seconds. Liu's vision is to make cryptocurrency the primary payment method when merchants and customers use JD's services worldwide.
The Impact of Stablecoin Development on the Market & Businesses
The application of stablecoin not only helps reduce international payment costs by 90%, but also promotes the digitization of B-end and C-end payment processes. Currently, most international transactions take from 2 to 4 days, accompanied by relatively high fees.
JD's plan aims to integrate an automated dashboard, allowing businesses to easily transfer money, while global consumers can pay through JD's stablecoin in all daily transactions. Could this trend change the entire cross-border trade services? Certainly, this is an important step for the cryptocurrency industry.
Conclusion: The Potential and Challenges of Stablecoin in the Digital Age
JD's strategy, based on the stablecoin foundation, opens new opportunities for businesses to adapt to the digital age. However, global licensing requires strict legal standards and high security.
In this context, the issues of risk control, data security, and international collaboration will be decisive factors for the project's success or failure. Can businesses leverage these improvements to compete more effectively in the global market? Only time will tell.
Source: https://tintucbitcoin.com/jd-com-du-dinh-phat-hanh-stablecoin-toan-cau/
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