JD Coin Chain CEO: Currently negotiating cooperation with global Compliance exchanges to launch JD stablecoin.

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[JD Coin Chain CEO: In talks with global Compliance exchanges to launch JD stablecoin] Liu Peng, CEO of JD Coin Chain Technology, recently revealed in an exclusive interview with Bloomberg Businessweek/Chinese Edition that as of early June, we have mainly conducted tests on the HKD stablecoin, and will later conduct tests on other fiat stablecoins. The second phase focuses on testing the use of stablecoins in three practical scenarios: cross-border payments, investment transactions, and retail payments. In the cross-border payment scenario, we plan to expand our user base through both direct customer acquisition and non-direct customer acquisition (for example, collaborating with compliant wholesalers). In the investment trading scenario, we are negotiating partnerships with global compliant exchanges, aiming to launch the JD stablecoin in different regions. The first retail application will be the JD Global Sale Hong Kong and Macau site, where users can first use the stablecoin for shopping in JD’s self-operated e-commerce scenario.

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