Deep Tide TechFlow news, on June 19, according to Jinshi Data reports, Liu Peng, CEO of JD Coin Chain Technology under JD Technology, recently stated that they are testing a compliant stablecoin pegged to the Hong Kong dollar and other currencies within the Hong Kong Monetary Authority's "sandbox". The plan is to launch as early as the fourth quarter of this year, initially applying it to the settlement scenarios for JD Global Sales in Hong Kong and Macau. Liu Peng pointed out that JD's stablecoin will focus on the traditional cross-border trade market, connecting real payment needs in the Asia-Pacific, Middle East, and Africa regions with advantages such as compliance, security, and auditability. On June 19, JD responded to reporters, stating that the relevant claims are accurate, but the previous timeline has clear preconditions: the specific timetable depends on regulation. "We expect to obtain a license early in the fourth quarter of this year and simultaneously launch JD's stablecoin. The JD stablecoin will be issued on a public blockchain, and at that time, anyone can publicly access data such as the issuance amount."