Liu Qiangdong is really urgent this time!!!

Ten years ago, he watched helplessly as Alipay and WeChat devoured the payment market until there was nothing left, and that year’s saying "payment business has no value" is now hitting back loudly. This time, JD.com directly threw out the stablecoin trump card and entered the cross-border payment market, a golden track worth trillions annually, clearly indicating a desire to clash with old rivals again!

Buying globally with JD Coins is "truly not just a slogan!"

On June 17, Liu Qiangdong made a bold statement at JD's headquarters: he aims to dominate the stablecoin licenses of major countries, slash cross-border payment costs to one-tenth, and compress settlement time to under 10 seconds. First, he plans to secure enterprise clients as a tough nut to crack before gradually harvesting individual users, making it inevitable that Chinese people will use JD stablecoins when spending abroad!

Don’t think this is just hot air; they are already playing a big game — entering the Hong Kong stablecoin regulatory sandbox in 2024, and by 2025, self-operated e-commerce in Hong Kong and Macau will support stablecoin payments, with testing for Hong Kong dollar and US dollar stablecoins already taking off.

Here are three key points for friends in the crypto space:

First, cross-border payment is the ultimate weapon for stablecoins! Bank wire transfers are as slow as a cow pulling a cart, while Alipay and WeChat can only handle small online purchases; the truly disruptive force in the industry must be stablecoins settled using blockchain technology. JD is targeting the tough nut of enterprise cross-border remittances, which traditional financial institutions struggle to handle, and they want to take it all.

Second, licenses are the passport to survival! Brother Dong dares to shout "global license grab" because he understands the regulatory lifeline. Hong Kong, Singapore, and the EU have already opened their doors, and the US stablecoin bill is about to be enacted; only players who follow the policies will survive to the end, while those rogue projects will eventually be cleared out.

Third, don’t just focus on USDT for the excitement! The stablecoins from big companies are not meant to be backup options. If JD connects e-commerce, logistics, payments, and stablecoins, it can instantly create a business closed loop — using JCoin for purchasing, paying salaries, and conducting global settlements; this ecosystem is far more powerful than playing with just a single stablecoin.

JD is solid in the game of cross-border payments!

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