💥JD.com Bets on Stablecoins to Revolutionize Global Trade🚀

The Chinese e-commerce giant, JD.com, positions itself at the forefront with its ambitious foray into stablecoins, seeking to radically transform cross-border payments. Richard Liu, the founder of the company, announced plans to obtain global licenses and launch its own stablecoin by the end of 2025.

This initiative promises a drastic 90% reduction in costs and nearly instant transactions (less than 10 seconds) for B2B payments, surpassing the slowness and cost of traditional systems like SWIFT. Although initially focused on businesses, the long-term vision is to integrate the stablecoin into consumer payments.

JD.com, through Jingdong Coinlink Technology, is already experimenting in a pilot program in Hong Kong, marking a firm step towards redefining digital commerce.