\n\u201cNow it takes an average of 2 to 4 days to transfer money between companies, and the cost is quite high. After we complete the B-end payment, we will penetrate into the C-end payment. We hope that one day everyone can use JD stablecoin to pay when consuming around the world,\u201d Liu Qiangdong said.<\/p>\n<\/blockquote>\n
JD.com\u2019s stablecoin ambitions didn\u2019t emerge in a vacuum. Through its subsidiary Jingdong Technology, the company has quietly operated within Hong Kong\u2019s fintech sandbox since Q1 2024, piloting stablecoin use cases for cross-border supplier payments.<\/p>\n
At the core is Zhizhen Chain, JD\u2019s proprietary blockchain platform, which already handles over $7 billion annually in supply chain finance transactions. Unlike speculative crypto projects, JD\u2019s approach mirrors Ant Group\u2019s methodical strategy: deploy blockchain internally first, then monetize the rails.<\/p>\n
JD.com now joins a high-stakes race with Chinese rival Ant Group, which is pursuing its own Hong Kong stablecoin license, and Western giants testing the waters. Amazon has reportedly explored a stablecoin for marketplace settlements, while Walmart\u2019s blockchain patents suggest similar plans.<\/p>\n
But JD\u2019s advantage lies in its captive ecosystem. With nearly 600 million active users and a logistics network spanning 20 countries, it could onboard merchants to its stablecoin by mandate, much like Alipay dominates Chinese payments.<\/p>\n
<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
With a push for stablecoin licenses worldwide, JD.com Chairman Liu Qiangdong wants fiat-pegged tokens to do what banks can\u2019t: settle in seconds. His vision calls for 10-second settlements across continents,…<\/p>\n","protected":false},"author":1,"featured_media":1848,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3157","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=3157"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3157\/revisions"}],"predecessor-version":[{"id":3158,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3157\/revisions\/3158"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1848"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=3157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=3157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=3157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}