$USDC 🇨🇳 Chinese Tech Giant JD.com Enters Stablecoin

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🌐Chinese e-commerce giant JD.com, led by founder Liu Qiangdong, has announced plans to seek stablecoin licenses in all major sovereign currency countries. The aim is to dramatically cut cross-border payment costs—by up to 90%—and reduce settlement time from several days to just 10 seconds.

🚀Initially focused on B2B transactions, JD.com intends to expand stablecoin use to consumers as infrastructure matures. While Liu admitted the risks of failure, he emphasized that bold moves are necessary for innovation and future competitiveness. The initiative aligns with JD’s international supply chain ambitions without disrupting its core business.