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JD.com Reportedly Exploring Global Stablecoin: Promises to Cut Payment Fees by 90%
Chinese retail giant JD.com is reportedly planning to apply for a license for its own global stablecoin. The report states ambitious goals: to cut cross-border payment fees by 90% and have settlement times of less than 10 seconds.
While the specifics of these plans have not been officially confirmed, they highlight the huge potential for stablecoins to revolutionize global trade efficiency.
Disclaimer: This is not financial advice (NFA). Do your own research (DYOR).