Sit tight, China's e-commerce giant JD.com is coming with a compliant stablecoin! Liu Qiangdong has personally announced that he will obtain licenses in major countries around the world. This is not a small fight, but a blockbuster aimed at the trillion-dollar cross-border payment market! As a blogger who watches the market every day, I can smell the smell of market changes!
Why is this so damn important? Simply put, JD.com wants to use blockchain to develop stablecoins, and the goal is just two words: save money! Speed up! Think about how painful it is to do business and remittances across borders: the handling fee is 3%-6%, and waiting for the account to arrive is like waiting for the New Year, and a few days is considered fast! JD.com directly said: the handling fee can be reduced to less than 0.1%, and the account will be received within 10 seconds! Its own supply chain alone can save 2 billion every year! If this succeeds, the cost of cross-border business will be cut directly!
What sparks does it bring to our cryptocurrency circle?
With the compliance flag raised, are USDT/USDC in a hurry? JD.com follows the Hong Kong Monetary Authority’s formal license route, with transparent reserves and regular audits, specializing in various "black box operations". I have personally seen many institutions have headaches because of the transparency of USDT. Once JD.com plays the compliance card, institutional funds are likely to "move", especially in the Asian market, and the liquidity of USDT may be under pressure!
The scene landing is too hardcore! It’s not an air coin! JD has 250 million users and a global supply chain! Imagine: using stablecoins to buy and buy directly on JD Hong Kong and Macau; small and medium-sized manufacturers can borrow stablecoins for turnover in seconds based on order records. This ecological closed loop directly upgrades stablecoins from a speculative tool to a real and practical infrastructure! This is much better than pure exchange gameplay! The Web3 ecosystem is going to benefit! Payment is faster - 7 seconds to arrive, cheaper - 0.1% handling fee, NFT transactions, GameFi gold, SocialFi reward experience directly take off! Oracles, cross-chain bridges and other infrastructure must also be upgraded to turn real trade orders on the JD chain into popular collateral in DeFi! Opportunity, brothers!
Of course, there are also challenges:
Global regulation is like a maze. The United States and the European Union each have their own rules, and the compliance costs are not low.
You have to hold on to the technology and don't make any mistakes.
User trust needs to be rebuilt. After all, when a company issues currency, everyone is still a little hesitant.
What do you think? It will definitely stir up trouble in the short term! The concept of compliant stablecoins is going to be popular, and related service providers may be carried away. USDT is not so comfortable in Asia. But in the long run, if JD.com can really make this work, it will open up the main artery between the real economy and the crypto world! Think about the possibility that the digital RMB will be linked with it in the future... the pattern will be huge!
The comment section is getting busy! Follow me and I will be the first to give you an in-depth analysis of the license battle in August! This may be one of the biggest variables in the cryptocurrency world in 2025, don’t fall behind!
