#交易流动性 Business and Technology Progress

1. JD.com Stablecoin Testing Cross-Border Payments

JD.com stablecoin has entered the second phase of the sandbox, with testing scenarios including cross-border payments (speed reduced from days to seconds), investment trading, and retail payments, while working with regulatory agencies to advance compliance.

2. Ethereum Foundation Restructures R&D Department

Some teams have been disbanded, and after restructuring, the focus will be on three major areas: scaling the base layer, optimizing data availability modules (blobspace), and enhancing user experience.

New fiscal management regulations require annual expenditures not to exceed 15% of the treasury total, decreasing to 5% over the next five years.

3. Tether Strategic Adjustment

CEO Paolo Ardoino stated that the focus will be on developing non-U.S. markets such as Latin America, Asia, and Africa, potentially entering the U.S. through new stablecoins. Data shows that the Singapore-China corridor accounts for 36.3% of stablecoin flows, far exceeding the U.S.'s 18.7%.