According to previous reports, JD founder Liu Qiangdong stated at a sharing session that JD hopes to apply for stablecoin licenses in major currency countries worldwide, aiming to achieve currency exchange between global enterprises through stablecoin licenses, reducing cross-border payment costs by 90% and increasing efficiency to within 10 seconds.
Currently, JD's stablecoin has not been officially issued, and information regarding related products and business collaborations should be based on the information released by JD Coin Chain on its official website.
A stablecoin is a type of cryptocurrency that is pegged to fiat currencies (such as the US dollar or Hong Kong dollar) or other stable assets (like gold), with the core objective of 'anchoring value' to avoid severe fluctuations in digital asset prices.
JD Group's JD Coin Chain Technology is one of the first participants in Hong Kong's stablecoin sandbox, planning to issue a stablecoin pegged to the Hong Kong dollar to optimize global supply chains and cross-border payments. According to the JD Coin Chain official website, JD's stablecoin is a stablecoin based on a public chain and pegged 1:1 to the Hong Kong dollar (HKD), aimed at providing efficient, economical, and secure payment solutions for global enterprises and individuals.
In June this year, the Hong Kong Special Administrative Region government published a notice in the Gazette (Stablecoin Regulation (Effective Date) Announcement), designating August 1, 2025, as the date for the (Stablecoin Regulation) (Chapter 656) to come into effect. After the (Regulation) comes into effect, anyone issuing fiat stablecoins in Hong Kong during business operations, or issuing fiat stablecoins claiming to be pegged to the value of the Hong Kong dollar in or outside Hong Kong, must apply for a license from the Financial Commissioner.
Subsequently, internet giants such as JD Group and Ant Group have also announced that they are applying for stablecoin licenses.
Industry experts have indicated that these large internet companies are entering the stablecoin sector at this time due to both technical and market logic, as well as far-reaching strategic considerations. On the foundation of compliance, technology, and application scenarios, stablecoins are becoming an important lever for tech giants to influence the future financial system.