On the eve of the 618 e-commerce festival, JD.com founder Liu Qiangdong made a rare appearance to deliver a 50-minute speech, revealing JD.com's future transformation direction. Notably, he emphasized promoting the 'globalization of stablecoins' plan. By applying for multiple licenses, he highlighted that stablecoins will enhance cross-border payment efficiency and significantly reduce costs, becoming a key financial infrastructure for Chinese brands to enter the world.
JD.com applies for stablecoin licenses in multiple countries: efficiency and low cost become key weapons.
Liu Qiangdong stated at the press conference that JD.com has begun applying for stablecoin licenses in major sovereign countries globally, initially focusing on cross-border settlement for enterprises (B2B), and in the future, using 'JD Local Currency' as a universal tool for brand transactions, advancing to consumer-to-consumer (C2C) payment applications.
The SWIFT system commonly used by enterprises today generally takes an average of 2 to 4 days to complete remittances, and the costs are quite high. Stablecoins can shorten the time to within 10 seconds and reduce payment costs by 90%.
He described that this technology not only enhances efficiency but is also expected to reshape the cost competitiveness of Chinese brands in international trade.
(Uber CEO: Stablecoins have the potential to become a new tool for international fund transfers)
Liu Qiangdong: Stablecoins are the financial engine for Chinese brands heading global.
Stablecoins are not a single product but a key piece in JD.com's internationalization strategy. Liu Qiangdong pointed out that JD.com is adopting a localized model of 'local procurement, local delivery, local team' to help Chinese brands penetrate European and American markets. The launch of stablecoins will further simplify the settlement process, reduce tax and compliance barriers, becoming a bridge for Chinese enterprises to 'go global'.
Today’s 'Made in China' manufacturing quality has long since departed from past impressions, especially in the small appliance sector, where 98% of global innovations come from China. We aim to use technology and supply chain advantages to allow the world to recognize the high-quality image of 'Made in China' anew.
(Ant Group plans to apply for stablecoin licenses in Hong Kong and Singapore, targeting Asia's financial hubs)
JD.com embraces risks: based on financial technology, promoting business innovation.
The advancement of stablecoins is backed by JD.com's years of independent research and development in AI, blockchain, payment, and clearing systems. Liu Qiangdong promised that in the future, JD.com will maintain a rhythm of 'launching one innovative project each year'; besides stablecoins, six more innovative projects will be publicly disclosed within the next year and a half.
Although some innovative projects may not succeed, if a company does not take risks, it can never succeed.
JD.com's unwavering core belief: All innovations empower the supply chain.
Even with expansion into delivery, hotels, medical aesthetics, and overseas markets, Liu Qiangdong emphasized that JD.com's fundamental competitiveness remains in the supply chain.
All our business models, whether delivery or digital currency, ultimately aim to reduce circulation costs, enhance operational efficiency, and improve user experience.
He pointed out that the launch of stablecoins is not for financial speculation, but to achieve a high degree of integration among goods, logistics, and cash flow. Among them, 'experience, cost, efficiency' will be the standards for evaluating all of JD.com's future business and will be the core direction of the stablecoin project.
From delivery to hotel and catering integration, an overview of JD.com's new business and policy reforms.
In addition to stablecoins, JD.com has also publicly disclosed several other ongoing or upcoming important plans and operational measures, specifically including:
Delivery business: Launched on March 1 of this year, it has expanded to hire over 120,000 full-time delivery personnel, emphasizing an operational logic different from Meituan, focusing on the advantages of the 'fresh supply chain'.
Integration of hotel and catering supply chains: Establishing a 'New Channel Business Unit', the first phase integrates the supply chains of convenience stores and small catering businesses nationwide, with plans to extend to beauty, medical aesthetics, and healthcare services, reducing channel levels and enhancing efficiency.
Salaries and employee benefits: The monthly salary for delivery personnel has been raised to over 13,000 yuan before tax, with comprehensive implementation of the 'five insurances and one fund' guarantee, covering employees from warehousing to delivery.
Flattening organizational reform: Ensuring that there are no more than five layers of structure between management and frontline auditors.
From 618 to entering Web3, JD.com incorporates stablecoins to reshape the payment model.
In this leap from e-commerce, logistics to financial technology, Liu Qiangdong once again demonstrates his 'supply chain philosophy' and long-term strategic capabilities. The stablecoin project is not just a technological breakthrough for JD.com but could become a financial pivot for Chinese enterprises to expand into international markets.
When cross-border payments become as instantaneous as messaging, JD.com has created not just a technology platform, but a pathway to a new global business model.
This article about JD.com founder Liu Qiangdong's layout of stablecoins: cross-border payment costs reduced by 90%, completed currency exchange within 10 seconds first appeared in Chain News ABMedia.