JD.com stablecoin has entered the second phase of sandbox testing and will be available to retail and institutions
2025-05-23 13:24:11
Liu Peng, CEO of JD.com Coin Chain Technology, said in an interview that JD.com stablecoin is a stablecoin based on the public chain and pegged to Hong Kong dollar (HKD) or US dollar (USD) and other fiat currencies 1:1. It has now entered the second stage of sandbox testing. It will provide mobile end and PC end application products for retail and institutions. The test scenarios mainly include cross-border transfer, investment transactions, retail payment, etc.; it is cooperating with leading compliance exchanges; in the retail payment scenario, we are docking and testing with JD.com Hong Kong and Macao station and other acquiring scenarios.
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