🧐 Does the impressive JD stablecoin have anything to do with us?

The layout of the JD stablecoin officially states:

The stablecoin route in mainland China is gradually transitioning from "regulation-led e-CNY" to "enterprise-led, compliant overseas expansion, with a focus on B-end applications."

I feel this is a realistic and pragmatic overseas strategy under the background where the regulatory framework is unclear and the central bank's digital currency (e-CNY) primarily targets retail C-end.

So the question arises, does it really have anything to do with the people?

As mentioned above, the mainland stablecoin follows the path of "enterprise-led, compliant overseas expansion, prioritizing To B," leveraging cross-border settlement and payment to reduce costs and improve efficiency.

It has almost nothing to do with the people!

You can't use it, can't touch it, and can't benefit from any airdrops; this is not DeFi, not public chain narrative, not Web3, but an extension of state-owned enterprise thinking on the blockchain.

Don't be fooled by the three words "stablecoin"; this game is about capital flow, enterprise settlement, and dollar substitution, with no concern for the welfare of the people.