USDT Tether, issued by Tether Limited, associated with Bitfinex, pegged to the US dollar, is the largest stablecoin by trading volume, used for crypto trading, cross-border transfers, etc., but the transparency of reserves is controversial.

JD stablecoin, to be issued, operated by a subsidiary of JD Technology, backed by JD.com, pegged to the Hong Kong dollar, aimed at the JD ecosystem and Hong Kong market, used for cross-border payments, etc., regulated by Hong Kong, reserve transparency to be clarified. #ALLINDOGE