In the city where steel towers claw at the sky and people click “Buy Now” to fill the void, JD.com—a behemoth of commerce, eternally hungry for more—has decided the people don’t just need discounts, they need stablecoins. Yes, my friend, not satisfied with parcels and promises, the Hong Kong giant now aims to give the public a taste of digital wealth—coins as stable as the city’s crowded subway at rush hour. 💸
Word with the e-CEO, Liu Peng—one who surely drinks data for breakfast—reached us through the financial grapevine at Bloomberg Businessweek. He revealed, with the same composure one shows at a tax office, that JD CoinChain Technology is now part of the government’s stablecoin issuer “sandbox.” Apparently, only three companies are brave (or foolish) enough to step into this regulatory playground, where rules are softer than the bread in a convenience store sandwich. 🍞
Testing is “smooth,” Liu hints. The people at JD.com now prod their Hong Kong dollar-backed stablecoin like a street vendor tests the ripeness of a melon. Soon, other currencies may follow—because why only have melons when you can juggle oranges, apples, and, who knows, maybe a coconut or two?
“In early June, we poked and prodded the Hong Kong dollar stablecoin. More fiat stablecoins are next. Depending on the hunger of the market, we may hurl two coins into the world at once,” Liu declared, perhaps only half-joking, in his interview.
But the alchemists’ calendar of coin conjuring is chained to the mighty new Stablecoin Ordinance—a legal beast only recently tamed. If the prophecies hold, Liu expects JD.com to snatch a license by the final quarter of 2025, unleashing a “JD Stablecoin” before the final embers of the year’s celebrations die out. ⏳
“JD Stablecoin will strut proudly on the public chain, all its secrets exposed for nosy onlookers—issuance, numbers, no sacred mysteries unbroken!” Liu added, apparently unfazed by blockchain’s ceaseless parade of gawkers.
He claims—though who can tell where truth ends and marketing begins—that JD.com’s stablecoin will shrink transaction times from days to seconds. Fees, he boasts, will collapse like a tired peasant on payday. Even the funds will sprint on-chain, abandoning the lazy saunter of normal e-commerce. What bliss for the hurried trader!
It is whispered in the corridors of finance that such marvels might lure international trade to JD.com’s digital backyard. Foreign merchants, once lost, may now knock at the blockchain gates—lured by promises that sound almost too good to trust. 🕵️
And what about those other coins: the American USDT, the proud USDC, the shadowy RMB tokens? Liu shrugs—a gesture somewhere between ambition and resignation. Everything, he says, “depends on the mood swings of the regulators.”
For those playing regulation bingo: This month, the Hong Kong government, ever generous, passed the Stablecoin Ordinance. From August 1, the region’s stablecoin rules grow teeth, and HKD-backed coin dreams can finally be licensed. Remember that date, for it may be the singular moment where e-commerce and crypto finally elope in legal matrimony.
Read More
- How Angel Studios Is Spreading the Gospel of “Faith-Friendly” Cinema
- Hero Tale best builds – One for melee, one for ranged characters
- Gold Rate Forecast
- Comparing the Switch 2’s Battery Life to Other Handheld Consoles
- Stellar Blade Steam Deck Impressions – Recommended Settings, PC Port Features, & ROG Ally Performance
- Castle Duels tier list – Best Legendary and Epic cards
- 9 Most Underrated Jeff Goldblum Movies
- Mini Heroes Magic Throne tier list
- USD CNY PREDICTION
- EUR CNY PREDICTION
2025-06-18 10:50