๐JD.com is looking towards decentralized finance and stablecoins ๐ผ The giant Chinese e-commerce company JD.com is hiring an expert in decentralized finance, hinting at significant steps in the Web3 space. ๐ต With the new stablecoin regulations in Hong Kong, JD may abandon its compliant fiat currency. โ๏ธ Its "PayFi" vision integrates payments with smart contracts, allowing suppliers to tokenize receivables for liquidity, payments, or collateral. ๐ Domestically, JD will commit to the regulated blockchain via the "Zhizhen Chain", while internationally, it will turn towards Web3 - stablecoins, decentralized finance, and RWA tokenization. ๐ This dual strategy could make JD a leader in e-commerce and blockchain.
