JD.com Coin Chain CEO: JD.com Hong Kong and Macau Station will support stablecoin shopping
2025-06-18 05:13:43
Liu Peng, CEO of JD.com Coin Chain Technology, recently revealed in an exclusive interview with Bloomberg Businessweek/Chinese Edition that JD.com's self-operated e-commerce in Hong Kong and Macau will soon support stablecoin shopping. JD.com Coin Chain plans to be licensed in the fourth quarter of 2025 and launch stablecoins anchored to Hong Kong dollars and other currencies at the same time. The company is currently testing in the Hong Kong Monetary Authority's stablecoin issuer sandbox, focusing on the application of stablecoins in three scenarios: cross-border transfer, investment transactions and retail payment. Liu Peng said that stablecoins will serve as a new financial infrastructure in the Web 3 era, with the advantages of reducing the transfer time from days to seconds and reducing the cost by at least half compared with traditional transfers. It is expected to play a "disruptive" role in scenarios such as international trade.
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