#GENIUSActPass When Liu Qiangdong announced JD's plan to apply for stablecoin licenses globally, aiming to reduce cross-border payment costs by 90%, many people's first reaction was surprise. This surprise did not stem from JD's foray into fintech—after all, it has long been laid out in this field. The real 'surprise' lies in the fact that this statement completely tore off the tech giants' long-standing 'tourist' disguise in the Web3 field, revealing their true ambition to become 'pioneers'.

In recent years, we have become accustomed to tech giants' 'superficial' engagement with the Web3 concept. Whether issuing commemorative NFTs or establishing small exploratory funds, these actions mostly linger on the marketing level or the edge of strategic defense, generally interpreted as a 'can't miss, but not to be taken seriously' stance. They resemble cautious tourists, carefully taking photos at the edge of the wild new land of Web3, but never truly taking off their shoes and socks, stepping into the mud to cultivate a piece of their own land.